Tag: Immigrants
EdSights raises money to help schools reduce their drop-out rates
While the idea of baring your soul to a chatbot might seem uncomfortable, sisters Claudia and Carolina Recchi think that might be exactly what college students across the United States need right now. The duo co-founded EdSights in 2017 to support high and medium-risk students to stay in school, and…
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Stilt, which provides financial services for immigrants, raises $7.5 million seed round
Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital;…
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Remitly launches Passbook, a neobank aimed at immigrants, to expand beyond money transfers
Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer base. Today, it’s taking the wraps off a new product that puts paid to that plan: it’s launching Passbook, a new bank…
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