Tagged: hispanics

October 4, 2024 @ 8:41 am By Tony Zerucha  |  

Findings from MoneyLion’s Understanding U.S. Hispanic Financial Literacy & Empowerment 2024 Report show significant gaps between Hispanics and non-Hispanics. With detailed comparisons between Hispanic and non-Hispanic populations in the U.S., the report highlights key disparities in financial education, time constraints, and familiarity with financial products,… Read More

September 29, 2023 @ 1:54 pm By Michael Wong  |  

Hispanics, which currently represent nearly 20% of the US population, are on track to reach $113 trillion in collective wealth by 2025, according to a new report released by Fintech platform Finhabits. By comparison, the total household wealth in the US in 2022 was $140… Read More

May 9, 2023 @ 8:23 am By Omar Faridi  |  

Paysend, the global card-to-card payments platform, has announced a new multi-year partnership with the Spanish-language content and media company, TelevisaUnivision. As part of the partnership, TelevisaUnivision will “become a shareholder in Paysend and will help the brand scale its presence with U.S. Hispanics and Latinos… Read More

July 22, 2022 @ 8:39 pm By Omar Faridi  |  

As U.S. demographics change, so does the pool of Americans “pursuing homeownership.” According to Freddie Mac, the Hispanic American homebuyer segment “has increased by 25% in the last decade.” By 2030, this growing sector “will represent an estimated 56% of all new homeowners.” Still, Spanish-speaking… Read More

April 15, 2022 @ 9:15 am By Omar Faridi  |  

Welcome Tech, a digital platform offering immigrant families with the tools and services required to thrive in the US, recently  announced $30 million in new capital, “following an oversubscribed $35 million Series B in April 2021.” This capital was raised “exclusively” from existing institutional investors… Read More

January 28, 2022 @ 6:04 pm By Omar Faridi  |  

InComm Payments, a payments tech firm, announced that it has teamed up with Cuentas, Inc. (Nasdaq: CUEN & CUENW), a Fintech provider of mobile banking and payment solutions focused on Hispanic and Latino communities, in order to issue transit cards (tap and go) at participating… Read More

September 15, 2021 @ 11:17 am By Omar Faridi  |  

Immigrants have been neglected by traditional banking and financial institutions. Our financial systems and related practices have been developed for a consumer who has been raised in the US or has a considerable amount of financial knowledge. Our systems tend to make many assumptions as… Read More

September 9, 2021 @ 1:30 pm By Omar Faridi  |  

Crediverso, the Hispanic-owned personal finance products firm, reveals that it has introduced a bilingual platform and a financial products marketplace tool “to serve the 62M+ Hispanic consumers in the U.S., who are 2-3x more likely to be underbanked than the rest of the population,” according… Read More

June 11, 2015 @ 11:55 am By JD Alois  |  

Biz2Credit, an online direct lender, has partnered with Univision Enterprises, a media company serving Hispanic America. The agreement is to provide Latino business owners with a broad set of small business finance solutions with a branded platform: Empresitio. “We are thrilled to partner with Univision and… Read More