Latino-founded bank raises $4.5 million to build financial hub for Spanish-speaking immigrants

Australia News News

Latino-founded bank raises $4.5 million to build financial hub for Spanish-speaking immigrants
Australia Latest News,Australia Headlines
  • 📰 SAcurrent
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SAcurrent /  🏆 607. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Texas-based Latinx contemporary artists share experiences in art exhibit downtownTexas-based Latinx contemporary artists share experiences in art exhibit downtownA new art exhibit in downtown San Antonio highlights the experiences of Latino communities throughout Texas and features more than 100 works.
Read more »

Nearly a quarter of Latino businesses say they're doing better than before pandemicNearly a quarter of Latino businesses say they're doing better than before pandemicNearly a quarter of Latino businesses say they're doing better than before pandemic, a new report finds.
Read more »

Latino and Black poverty rates in Colorado are near historic lows, but economic stability remains elusiveLatino and Black poverty rates in Colorado are near historic lows, but economic stability remains elusive'If we are using the same standard to measure poverty for every community in the country and not adapting to the reality of differing costs for housing, food, basic needs, we are not telling a story that is accurate.”
Read more »

DHS chief Mayorkas talks immigration with Latino Senate DemocratsDHS chief Mayorkas talks immigration with Latino Senate DemocratsWASHINGTON — Homeland Security Secretary Alejandro Mayorkas discussed immigration policy Tuesday afternoon with the Senate’s four Latino Democrats, as the administration prepares to lif…
Read more »



Render Time: 2025-02-28 05:16:21