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New Digital Banking Startup Focused on Better Serving US Immigrants

New Digital Banking Startup Focused on Better Serving US Immigrants

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FintechNews RoundupUSA
··1 min read

The company is called Majority and aims to support immigrants who lack credit history; they are planning to launch in the US this year with a membership model; the platform will also include features that help users manage their money as well as send funds home; they will compete with some other names in the US like Deserve, Nova Credit and WorldRemit; CEO Magnus Larson noted that there are 60-65 million people in the US that don’t have proper banking services with more than half being migrants; the company plans to build their user base through a community referral system which includes brand ambassadors and physical meetup locations. Bank Innovation

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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