Welcoming Osmo: Bitcoin for Latin America
16 Aug 2023

Fulgur Ventures
3 min read
Fulgur Ventures welcomes Osmo, a Guatemala-based Bitcoin wallet built for Latin America. The team enables remittances, savings, and everyday payments in sats across Central America with a relentless focus on local users.
Welcoming Osmo: Bitcoin for Latin America. Founded in 2021 by Piero Coen and Victor Echeverria, Osmo is a Guatemala City based wallet purpose-built for Central American users who need real solutions to remittances, inflation, and limited access to dollar accounts. Through a single mobile app, customers can send, receive, save, and invest in bitcoin while moving value across borders without traditional banking rails.
Latin America does not need another speculative crypto product. It needs cheaper remittances, sound savings, and rails that work on $40 phones with patchy connectivity. Osmo was designed for exactly that user. The team built local cash-in and cash-out partnerships, integrated Lightning for instant transfers, and translated the entire experience into culturally fluent Spanish that resonates from Guatemala to Honduras and beyond.
This investment fits our consumer wallets thesis with a regional twist. We back founders who deeply understand the customers they serve, and Piero and Victor are operators with ground-truth knowledge of Central American payments, regulation, and trust dynamics. Osmo is not a clone of a US neobank with bitcoin bolted on. It is a Bitcoin-native financial product that happens to look and feel like the friendly fintech app users already expect.
Our market vision: tens of millions of Latin Americans will adopt bitcoin not as an investment thesis but as a better way to send money home, protect savings, and access digital commerce. Whichever team becomes the regional wallet of choice will compound enormous network effects across remittance corridors. Osmo is positioning itself precisely at that intersection, with El Salvador and Guatemala as launchpads.
We are thrilled to support Osmo as it brings Bitcoin to millions across Latin America, one remittance and one satoshi at a time.