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MAJORITY, a mobile bank for migrants, closes $37.5M Series B Round
In a little over one year, MAJORITY has raised a $19 million seed, $27 million Series A and now a $37.5 million Series B round.
This 3-year-old startup aims to make banking smoother for migrants
MAJORITY recently launched a service that lets migrants open an account without a Social Security number.
MAJORITY raises $27M Series A six months after its seed round to expand mobile banking for migrants
MAJORITY raised $27 million in its Series A funding round led by Valar Ventures, bringing MAJORITY’s total funding to $46 million to date.
MAJORITY CEO: The future of banking is specialized
"Banks need to figure out their place in the value chain ... And I think that's where you're going to see winners emerging," Majority CEO Magnus Larsson said.
Digital bank eyes US immigrant market with unlimited money transfers
Majority, a challenger bank that has been serving Houston's Nigerian immigrant community for the past six months, is looking to expand its services across the U.S.
MAJORITY raises $19 million for its mobile banking service for migrants
The financial round was led by Valar Ventures while Avid Ventures, Heartcore Capital and several prominent Nordic fintech unicorn founders participated in it.
MAJORITY Launches Out of Beta With Enhanced Capabilities Made Available to All 50 States
Launched in October as invite-only, MAJORITY is now widely available in the United States with additional product features such as early direct deposit and new currency routes
This bank for immigrants helps newcomers to the U.S. navigate the financial world
In the “migrant tech” space, Majority lends cultural and logistical banking support to immigrants.
MAJORITY — a digital bank offering packages for prepaid cards, remittances, and international calling — is launching in the US
Majority, a digital bank aimed at serving customers who are newcomers to the US, will launch later this year.
MAJORITY, the First Digital Financial Service for Migrants, Launches in the United States
CEO Magnus Larsson announced the company’s launch from the stage at TECH FEST in Stockholm in September; the company will open its U.S. headquarters in Houston later this month