πΈπ» Osmo
El Salvador, SV Β· 2 known investors
OSMO is a fintech platform that allows users to buy, sell, send, and receive Bitcoin with local currency support across Central America and beyond. The service enables peer-to-peer transfers via blockchain networks and provides a debit card for spending cryptocurrency at merchants worldwide.
Also known as HODL Group LLC Β· OSMO Β· Osmo El Salvador, S.A. Β· Osmo Wallet
Investors Β· 2
Company profile
researched Aug 2026OSMO, operated by HODL Group LLC, is a financial technology platform aimed at users in Latin America that combines a multi-currency account with Bitcoin and stablecoin functionality. Account holders can hold balances in several currencies, including Guatemalan quetzales, US dollars and Costa Rican colones, exchange between them within the app, and buy, sell, send and receive Bitcoin from amounts as small as $1. Registration is done with an email address or phone number and is presented as taking about 30 seconds, without in-branch paperwork.
Funding options include credit and debit cards, bank transfer, cash top-up, and deposits in Bitcoin or USDT. Withdrawals can be made in cash at affiliated agencies, by bank transfer, through Costa Rica's SINPE and SINPE MΓ³vil rails, or to any external crypto wallet. Transfers can be sent and received over the Bitcoin blockchain, the Lightning Network or Polygon in GTQ, BTC or USDC, with the company citing compatibility with more than 1,000 wallets, platforms and exchanges. OSMO also offers payment cards that draw on the user's OSMO balance, allowing spending at more than 10,000 Bitcoin-accepting merchants worldwide without spending the underlying Bitcoin, plus a scheduled/recurring investment feature and an "OSMO Private" and business offering.
The company states it is not a bank and operates through regional subsidiaries and regulated partners in each jurisdiction. Dollar virtual account services and digital dollar custody are provided by Bridge Ventures LLC; Visa cards are issued by Rain (Signify Holdings, Inc.) and Mastercard cards by SOINSA (Sociedad Internacional de Servicios S.A.); Bitcoin custody is provided by Osmo El Salvador, S.A., a digital asset service provider regulated in El Salvador by CNAD, BCR and SSF.
Business model
OSMO provides consumer accounts that hold fiat, Bitcoin and stablecoin balances, with buy/sell conversion, cross-border transfers and card payments; the site emphasizes low transaction commissions and no hidden fees, and services are delivered via regional subsidiaries and regulated partners rather than a bank charter.
The site references transaction commissions on use of the service and currency/Bitcoin buying and selling, without disclosing pricing details.
Traction
The website cites more than 1,000 compatible wallets, platforms and exchanges, acceptance at more than 10,000 Bitcoin-accepting merchants, and dated user reviews spanning November 2022 to March 2024.
Latest developments
As of 2025 the company promotes new OSMO cards that spend directly from the user's OSMO balance, with Visa cards issued by Rain (Signify Holdings, Inc.) and Mastercard cards issued by SOINSA, alongside dollar virtual accounts and digital dollar custody provided by Bridge Ventures LLC.
βΈFull profile β market position, technology, go-to-market, geography, risks & controversies
Market position
Positions itself as a regulated way to buy, sell and spend Bitcoin and other currencies in Central America, noting that El Salvador is the only country in the region with Bitcoin regulation.
Differentiators presented include multi-currency balances with in-app exchange, spending at Bitcoin-accepting merchants without spending held Bitcoin, low commissions, fast onboarding, a $1 minimum, multi-rail transfers (Bitcoin, Lightning, Polygon) and regulated Bitcoin custody in El Salvador.
Technology
The app is integrated with the Bitcoin blockchain and the Lightning Network, and supports Polygon for transfers; it supports GTQ, BTC, USDC and USDT, and includes identity verification and encryption applied to each transaction. Bitcoin reserves are held 80% in cold wallets in various locations and 20% in hot wallets for immediate availability, with balances stated to be backed 1:1.
Go-to-market
Direct-to-consumer distribution through mobile app downloads promoted on the company website, supported by user testimonials and a set of listed partners/allies.
Retail consumers in Latin America β described as "made by Latinos, for Latinos" β including first-time Bitcoin users, people making or receiving international transfers, and businesses via a dedicated corporate offering.
Geography
Focused on Latin America, with user funds backed 1:1 in bank accounts in Guatemala, El Salvador, the United States and Costa Rica; local rails include Guatemalan quetzales, Costa Rican colones and SINPE/SINPE MΓ³vil, and Bitcoin custody is regulated in El Salvador.
Risks & controversies
The company discloses that Bitcoin and stablecoins carry risks including volatility and possible loss, and that OSMO is a financial technology company and not a bank, with balances held by third-party custodians depending on asset type.
Compiled by commissioned research from 1 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
βΈResearch sources Β· 1
primary sources listed
- Osmowalletosmowallet.com Β· web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does πΈπ» Osmo do?
- OSMO is a Latin American fintech app for holding multiple currencies, Bitcoin and stablecoins with an international payment card.
- Who are πΈπ» Osmo's investors?
- πΈπ» Osmo's investors include Hivemind Ventures, Llc, Blockchain Founders Fund.
- Where is πΈπ» Osmo headquartered?
- πΈπ» Osmo is headquartered in El Salvador, SV.