Immigrant banking platform Majority secures $20M following 3x revenue growth

It can be challenging to pick up and move to a new country, made even more challenging if you are not used to the style of banking in that particular country. The increase of immigrants to the United States — some 50 million total foreign-born people live in the US now, according to immigration think tank Center for Immigration Studies — present an opportunity for startups to tailor financial services to this population. Companies like Comun, Maza, Alza and Welcome Technologies, for example, help Latino immigrants open bank accounts. Magnus...