Date | Title | Description |
12.07.2024 | Shariah-compliant digital bank Ethos looks to shake up industry | A swathe of digital banks targeting specific demographics have sprung up in recent years. In the US, examples include Greenwood, focused on serving black Americans; Cheese Financial, aimed at the Asian community and Majority, serving immigr... |
27.06.2024 | UK-Based Finnest Invests $145 Mn In Kitchens@ To Become A Majority Stakeholder | SUMMARY
With this, Kitchens@ has become a subsidiary of Finnest and the investment firm will hold a 53.75% stake in the startup
The startup issued 40 Lakh equity shares at INR 3,000 apiece to the PE firm, translating to a total sum of INR 1... |
23.05.2024 | Majority Neobank Secures $20M in Funding | Majority, a Miami-based neobank specializing in providing financial services to migrants in the US, recently announced a successful funding round that raised a total of $20 million. This funding round consisted of a combination of equity an... |
22.05.2024 | Majority Raises $20M in Funding | Majority, a Miami, FL-based provider of a platform offering mobile banking and international services to migrants in the US, raised $20M in funding.
The round included $12.5M in equity and $7.5M in debt financing from a bank. The add-on fun... |
22.05.2024 | Migrant-focused neobank Majority raises $20M | figcaption>span]:font-sans">
Majority, an immigrant-focused neobank, raised $20 million in a mix of debt and equity.
Why it matters: It's a neobank raising money despite the overall slowdown in consumer-focused fintech funding.
H... |
22.02.2024 | Majority of Capgemini's 2 billion euros investment in AI coming to India | A bulk of the Paris-headquartered IT major Capgemini’s proposed Euro 2 billion investment over three years in artificial intelligence (AI) is coming to India, a top official of the company said here on Wednesday. The three areas where the E... |
25.01.2024 | Agrify Announces the Result of its Reconvened Annual Meeting, At Premium $3.9 Million Debt Conversion, and the Exercise of a Majority of Previously Issued Warrants | - |
17.11.2023 | Which Stockholm Mobile Startups are Spearheading Sweden’s 2023 Tech Revolution? | Stockholm is undoubtedly a thriving ecosystem for technology startups, especially in the mobile communications sphere. Startup Genome recently listed Stockholm as the second best city globally for startups, and it’s easy to see why. The ing... |
23.06.2023 | Neobank For Immigrants Expands To The U.S.-Mexico Border | When Magnus Larsson came to the U.S. around 20 years ago, he learned just how hard it was for immigrants to open a bank account, much less navigate the U.S. financial system. Eventually, in 2019, he co-founded MAJORITY, a neobank aimed at m... |
15.06.2023 | MAJORITY expands migrant-focused fintech offerings, with an additional $9.75M in tow | Facebook
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If you’ve the (dis)pleasure of waiting in line outside a Miami DMV office, you more than likely have seen a smattering of representatives from MAJORITY telling people about the company’s di... |
14.06.2023 | Majority Raises USD9.75M in Funding | Majority, a Miami, FL-based company which specializes in mobile banking for migrants in the U.S., raised USD9.75M in funding.
The round was led by Valar Ventures and Heartcore Capital.
The company, which has now raised has now raised over $... |
14.06.2023 | Majority, a digital bank for US migrants, grabs $9.75M amid expansion in Texas | Majority, a mobile banking company offering financial services to U.S. migrants, closed on its fourth funding round in two years as it opens a community meetup space in Laredo, Texas.
The new location positions the company close to The Gate... |
16.11.2022 | Miami is becoming a hub for cross-border payments – here’s how | Facebook
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Our international finance and crypto prowess has led the Magic City to become a hotspot for innovators working to make it easier to send money abroad
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We live in an increasingly digital worl... |
14.09.2022 | MAJORITY expands Florida footprint, with $37.5M Series B in tow | Facebook
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Immigration continues to drive U.S. population growth, despite our country’s declining birthrate. Of course, Miami and Florida more broadly are major focal points for this immigration – wit... |
14.09.2022 | Majority, a mobile bank for migrants, closes third venture round in just over a year | Nine months after raising a Series A round, Majority has raised tens of millions in both equity and debt financing for its mobile bank for migrants. The fintech announced today that it has raised a $37.5 million Series B, $30 million of whi... |
23.12.2021 | Swedish founders target Miami to grow immigrant-focused banking startup MAJORITY | Facebook
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Immigration is integral to the fabric of South Florida. The two US cities with the highest proportion of foreign-born residents can be found in Miami-Dade County: Hialeah (74.4%) and the City of Miami (56.4... |
07.12.2021 | MAJORITY raises $27M Series A six months after its seed round to expand mobile banking for migrants | MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures. Other existing investors, including Avid Ventures, Heartcore Capital and a ... |
20.09.2021 | Startup Aims To Help U.S. Immigrants Navigate The Banking System | More than 1 million immigrants arrive in the U.S. every year, according to the Pew Research Center. For most of them, no matter where they come from, navigating the unfamiliar and complex financial system is a particularly onerous task. Tha... |
23.06.2021 | Daily funding roundup - June 22nd, 2021 | Gloat raised $57M; Sporttrade landed $36M; Majority secured $19M, Coinme picks up $10M
G2: G2 is a Chicago-based software marketplace that features peer reviews that help simplify the buying process. G2 raised $157 million in Series D fundi... |
23.06.2021 | Majority, immigrant-focused US neobank, raises $19M | The news: Houston- and Stockholm-based Majority has raised $19 million in its seed funding round led by Valar Ventures with participation from Avid Ventures, Heartcore Capital, and several Nordic fintech founders, TechCrunch reports. The ne... |
23.06.2021 | Former Department of Transportation Secretary, Elaine Chao, returns to the private sector | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
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22.06.2021 | Migrant digital banking provider MAJORITY raises $19M seed round | MAJORITY, a Texas-based mobile banking platform aimed at migrants, announced a $19 million seed funding round and service expansion to all 50 US states Tuesday, according to a press release.
The company says it will use the funding to prepa... |
22.06.2021 | The battle forming in the European fintech scene | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
Paid Content The true value of equity compensation From Personal Capital
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22.06.2021 | MAJORITY raises $19 million for its mobile banking service for migrants | More than a million people migrate to the U.S. each year. Upon their arrival, they face challenges in opening a local bank account and accessing financial services at regular rates.
These challenges for migrants, a significant portion of wh... |
01.06.2021 | Why is South Florida becoming a hub for FinTech? | Facebook
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FinTech firms are flocking to South Florida.
Just last week, migrant-focused Swedish mobile banking app MAJORITY cut the rib... |
26.07.2017 | EagleTree Capital Buys Majority Share in CORSAIR in a Transaction Valued at $525 Million | Partners with Founder-led Management Team to Drive Continued Innovation and Propel Next Stage of Growth
Fremont, CA and New York, NY – July 26, 2017 – CORSAIR®, a world leader in high-performance PC components, gaming peripherals, and enth... |
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Investors bet on Majority’s immigrant-focused offer with $9.75M funding extension | The news: Immigrant-focused digital bank Majority secured a $9.75 million extension to the $37.5 million Series B funding it received last September, per Finextra.
Feature recap: Founded in 2019, Majority is open to US residents in all stat... |
- | Majority, immigrant-focused US neobank, raises $19 million | Immigrant-centered neobank Majority raises $19 million seed round.
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- | US neobank targeting immigrants uses personal outreach to fuel user growth | The news: Majority, a neobank that offers tailored outreach to immigrants coming to the US, said it raised $27 million in a Series A round.
The company, which is dually based in the US and Sweden, will use its proceeds to open a Miami offic... |
- | Majority, immigrant-focused US neobank, raises $19M | The news: Houston- and Stockholm-based Majority has raised $19 million in its seed funding round led by Valar Ventures with participation from Avid Ventures, Heartcore Capital, and several Nordic fintech founders, TechCrunch reports. The ne... |
- | MAJORITY | “Save, send, speak with MAJORITY, the mobile banking app helping migrants get banked in the US, send money, and make international calls.” |
- | MAJORITY | “Get an FDIC-insured account, Visa® Debit Card with discounts, no-fee money transfers and mobile top-ups, and cheap international calling!” |
- | US neobank targeting immigrants uses personal outreach to fuel user growth | Neobank Majority raises $27 million in a Series A round.
The US neobank focuses on offering tailored outreach, personalization, and in-person meetings to immigrants.
Insider Intelligence publishes hundreds of insights, charts, and forecasts... |