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June 22, 2021 02:00 pm GMT

MAJORITY raises $19 million for its mobile banking service for migrants

More than a million people migrate to the U.S. each year. Upon their arrival, they face challenges in opening a local bank account and accessing financial services at regular rates. These challenges for migrants, a significant portion of whom also need to send money home, have persisted globally for decades, despite large government support programs. […]

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