Company
Glim is a Colombia-based financial wellness platform helping employers offer modern payroll benefits through a B2B2C model. Employees can collect salaries in multiple currencies, save in dollars, earn yield, and access a debit card with automatic fiat to crypto exchange all in one app.
Glim processes payroll for over 10,000 employees across 100+ companies, reducing financial stress for workers and lowering payroll costs for employers.
Headquarters
LATAM
Industry
Neobanks & Fintechs
Products used
USDC Yield
Through Glim’s partnership with OpenTrade, Glim can seamlessly generate 3% APY automatic USD yield for users directly within its mobile app. This integration allows employees to earn competitive returns on their dollar savings without any additional steps or complexity.
By leveraging OpenTrade’s yield infrastructure, Glim converts idle payroll balances into yield-generating USD assets to help users grow their savings while companies enhance their employee benefits with no added operational burden.
For many workers in Colombia, saving money is a constant uphill battle. Where inflation and currency volatility continue to affect purchasing power, employees often seek ways to protect their savings in more stable currencies like the U.S. dollar.
While Glim had already built a platform that helped employers offer multi-currency payroll and financial wellness tools, it faced a key challenge to offer a seamless and compliant way to deliver yield on the user’s USD balances.
However, offering yield on those balances wasn’t as simple as flipping a switch. Traditional banks and investment channels made it costly and complex to access USD yield products, particularly for a fintech operating outside the U.S. Without this capability, Glim's users could save in dollars but those savings weren’t working for them.
"Glim was created to help workers in Latin America protect their earnings against inflation and devaluation. With this launch, we are introducing the ability for employees and contractors to save in digital dollars and earn yield automatically — embedding long-term financial security directly into the employee experience"
Alex Robbio
CEO and Co-Founder of Glim
As an early-stage payroll platform serving 100+ companies in Colombia, Glim wanted to go beyond traditional payroll services by offering employees a way to save and earn yield in USD.
To achieve this, Glim needed a reliable solution that could:
Enable automatic USD yield directly within the Glim app, without requiring users to take additional steps or move funds to crypto.
Provide stable returns backed by high-quality U.S. financial assets.
Offer full liquidity and flexibility, allowing users to access their funds at any time without lockups
Ensure regulatory compliance and transparency, critical for a company operating in Latin America’s evolving fintech landscape.
Integrate seamlessly into Glim’s existing payroll and savings infrastructure, avoiding the need for costly in-house development or operational overhead.
Earn consistent, real-world asset-backed interest on your USDC that is not subject to crypto price volatility.
Assets held and managed through OpenTrade’s bank-grade off-chain operations and network of top tier banking partners
Seamless API integration, personalized for Glim, with OpenTrade managing all backend complexity
OpenTrade addressed Glim’s needs through its institutional-grade yield-as-a-service platform. By integrating OpenTrade’s infrastructure, Glim is now able to offer its users 3% APY automatic USD yield directly within the Glim app to help employees grow their savings effortlessly while keeping funds safe and liquid.
Each integration is personalized for the client, ensuring the experience is seamless for the end user while OpenTrade handles the complex backend operations and asset management. This personalised integration meant Glim users don’t need to move funds or open new accounts yield is generated automatically on their USD holdings, enhancing their overall financial wellbeing.