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
Read more in: Fintech, General News | Tagged fintech, hispanics, us, wealth
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
Read more in: Fintech, Global | Tagged digital financial services, financial services, fintech adoption, fintech trends, hispanics, latam, latin america, minorities, payments, paysend
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
Read more in: Fintech | Tagged financial services, fintech adoption, fintech trends, hispanics, homebuyers, loans, maxwell, minorities, mortgages, Spanish
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
Read more in: Fintech | Tagged gardiner garrard, hispanics, immigrants, investment round, minorities, ttv capital, united states, us, welcome tech
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
Read more in: Fintech | Tagged banking, digital payments, hispanics, incomm payments, latinos, minorities, mobile banking, new york, new york city, payments, retail payments, united states, us
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
Read more in: Fintech, Featured Headlines, Global | Tagged amir hemmat, digital financial services, financial literacy, financial planning, financial services, financial wellbeing, financially underserved, hispanics, interview, minorities, money management, Unbanked, underbanked, united states, us, welcome tech
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
Read more in: Fintech, Global, Investment Platforms and Marketplaces | Tagged credit cards, credit checks, creditworthiness, digital financial services, financial inclusion, financial services, financially underserved, hispanics, insurance, latam, loans, personal finance, remittance payments, remittances, underbanked, united states, us
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
Read more in: Investment Platforms and Marketplaces | Tagged biz2credit, hispanics, latinos, marketplace, p2p, peer to peer, rohit arora
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