Migrant banking fintech MAJORITY raises $19m in seed funding

MAJORITY, a Texas-based mobile banking platform aimed at migrants, announced a $19 million seed funding round and service expansion to all 50 US states Tuesday.

The company says it will use the funding to prepare for expansion into new migrant communities across the United States, in addition to scaling technology and operations. 

The round was led by Valar Ventures and included participation from Avid Ventures, Heartcore Capital and multiple Nordic fintech unicorn founders.

Read more: finLedger