Startups
Dora Financial is powering the nation’s first bilingual cooperative-based neo-bank strategy.
Dora is dedicated to financial inclusion, it includes a fully bilingual digital banking experience and is designed to serve the 63 million Americans that are unbanked.
Dora’s Everyday Account meets Bank On National account standards, a perfect solution to service those outside the mainstream banking system.
It currently is sponsored by four progressive credit unions: Affinity Plus Federal Credit Union (Affinity Plus) headquartered in St. Paul, Minn.; Digital Federal Credit Union in Marlborough, Mass.; Service Federal Credit Union in Portsmouth, N.H.; USALLIANCE Financial in Rye, N.Y.; and Inclusiv, a certified CDFI intermediary in New York, NY.
Dora is dedicated to financial inclusion, it includes a fully bilingual digital banking experience and is designed to serve the 63 million Americans that are unbanked.
Dora’s Everyday Account meets Bank On National account standards, a perfect solution to service those outside the mainstream banking system.
It currently is sponsored by four progressive credit unions: Affinity Plus Federal Credit Union (Affinity Plus) headquartered in St. Paul, Minn.; Digital Federal Credit Union in Marlborough, Mass.; Service Federal Credit Union in Portsmouth, N.H.; USALLIANCE Financial in Rye, N.Y.; and Inclusiv, a certified CDFI intermediary in New York, NY.
Overview
Location
United States, Massachusetts, Chelmsford
Employees
1-10
Founded date
2021
Mentions in press and media 3
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| May 14, 2022 | Mission Lane Credit Builder Account review Mission Lane Credit Builder Account | Mission Lane is a fintech company with credit building products. Mission Lane; Insider JUMP TO Section Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Pros and cons Mission Lane Cred... |
| Oct 19, 2021 | Digital Banking for Everyone: Bank Dora Financial Launches Nation’s First All-Digital Banking Cooperative | The Credit Union industry’s first neo-bank strategy, Bank Dora Financial (Dora) is now open. Intended specifically for low-to-moderate income individuals who are currently underserved by the traditional banking industry, Dora combines the b... |
Reviews 0
FAQ about Dora Financial
When was Dora Financial founded?
Dora Financial was founded in 2021.
What has the press written about Dora Financial?
Parsers VC has collected 3 articles mentioning Dora Financial, among them “Mission Lane Credit Builder Account review Mission Lane Credit Builder Account” (May 14, 2022) and “Digital Banking for Everyone: Bank Dora Financial Launches Nation’s First All-Digital Banking Cooperative” (Oct 19, 2021).
Is Dora Financial still active?
Yes, Dora Financial is active; its latest activity on Parsers VC dates from Jan 5, 2023.