immigrants

New Immigrants Arriving in the US Don’t have Established Credit Histories, Preventing them from Accessing Many Financial Services, Fintech Execs Explain

March 10, 2021 @ 7:06 pm By Omar Faridi |

Immigrants who might not have an established credit history may be able to take advantage of advancements in Fintech that provide tools to help these people become homeowners and gain employment as well, according to industry professionals. As first report by CQ Roll Call, new… Read More

U.S. Money Transfer Service Remitly Launches New Mobile Banking Service Designed For Immigrant Communities

February 3, 2020 @ 11:30 am By Samantha Hurst |

Remitly, a U.S.-based online money transfer service, announced on Monday it has launched a new mobile banking service called Passbook by Remitly specifically for the immigrant community. According to Remitly, the service offers an app-based account that charges no monthly fees, ATM fees, overdraft charges or… Read More

Read more in: Fintech | Tagged digital banking, immigrants, mobile banking, passbook by remitly, remitly

Nova Credit Expands into Latin America: Solving Credit Access for Immigrants, One Country at a Time

August 9, 2018 @ 6:40 am By Erin Hobey |

Nova Credit, started as a Stanford graduate research project in 2015, has quickly gained ground as a cross-border credit reporting agency aiming to solve the problem of credit access for immigrants and underbanked. The platform will begin serving immigrants from South America through partnering with the Brazilian credit bureau… Read More

Nova Credit Teams Up with TransUnion to Serve Canada’s Creditworthy Newcomers: Applies Foreign Credit Score to New Home

April 9, 2018 @ 1:03 pm By Erin Hobey |

Nova Credit, based in San Francisco and backed by Index Ventures, First Round Capital, NYCA and Core Innovation Capital, has partnered with Transunion to serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history…. Read More