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Immigrants to the United States face myriad challenges besides having to learn a new language. In many cases, they are dealing with a foreign and complex financial system, may struggle with finding adequate housing and health care and just generally feeling lost. Welcome Tech, a startup aiming to build “an operating system” for immigrant families […]
Stilt, which started its life as a provider of financial services for immigrants, has raised $14 million in Series A funding led by Link Ventures as it expands its focus to include a B2B offering. In addition to the equity raise, the San Francisco-based fintech said it has also closed on a new $100 million […]
This founder raised millions to build Fair, a neobank for immigrants Fair, a multilingual digital bank and financial services platform, is launching to the public after raising $20 million in 40 days earlier this year. Founder Khalid Parekh raised the capital primarily from the very demographic that Houston-based Fair aims to serve: from a group consisting of a number of immigrants, many of whom were first-time investors. “There was not a single check from a VC or bank or from a family office,” Parekh told TechCrunch. “Ninety percent of our investors are minorities or are immigrants lik...