Adro Revolutionizes Banking for International Students

April 11, 2024, 3:35 pm
Adro
Adro
Location: United States, New York
Employees: 11-50
Founded date: 2023
Total raised: $1.5M
Adro, a cutting-edge fintech startup based in New York City, has secured a whopping $1.5 million in pre-seed funding to shake up the neobanking sector for international students. Led by Era, with backing from Ex Nihilo Ventures and the Cornell Tech Syndicate, Adro is on a mission to make banking services more accessible for students studying abroad in the US.

International students often face challenges when trying to set up local banking services in a foreign country. Adro recognizes this struggle and aims to bridge the gap by offering a comprehensive platform that caters to their financial needs. From savings and checking accounts to seamless payments and transfers, Adro is set to revolutionize the way international students manage their finances.

With plans to launch its services later this year, Adro is gearing up to collaborate with universities and other key partners to promote its innovative solutions. The company is committed to serving students across all states and districts in the US, ensuring that no student is left behind in the quest for convenient and reliable banking services.

Led by a dynamic team of industry veterans including Amarildo Gjondrekaj, Sara Schmitt, and Kevin DeArmond, Adro is poised to disrupt the traditional banking landscape and empower international students to live like locals. By offering a range of financial products such as checking and savings accounts, debit and credit cards, and even reimbursement for international money transfers, Adro is paving the way for students to build credit from day one in the US.

With a focus on scalability and innovation, Adro is set to redefine the banking experience for international students, making it easier than ever for them to navigate the complexities of financial management in a foreign land. Stay tuned as Adro continues to make waves in the fintech industry, transforming the way students access and utilize banking services in the US.