Comun provides Latino immigrants access to traditional financial services without requiring a social security number. Latinx Banking OnlineBanking Immigration
has raised nearly $5 million to build on its “Spanish-first” banking approach, designed to meet the needs of immigrant communities.
The neobank — a type of direct bank that operates exclusively online without traditional physical branch offices — aims to expand financial stability among U.S. Latinos by offering Spanish-language services. Comun provides Latino immigrants access to traditional financial services such as a checking account connected to a Visa debit card, direct deposits for payroll and free ATM withdrawals without requiring a social security number, according to company officials.
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