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MAJORITY logo — The first digital financial service dedicated to the success...

MAJORITY

The first digital financial service dedicated to the success of modern migrants in the US. #ThisIsMAJORITY

Founded 2019 Sweden Sweden 195 employees Series B Total: $113.25M Financial Services, Fintech +2

General Information

Company Name MAJORITY
Founded Year 2019
Location Sweden Sweden
Founders / Decision Makers
Team member
Employees 195
Industries Financial Services, Fintech, Payments +1
Funding Stage Series B
Social

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About MAJORITY

MAJORITY is a digital financial service catering to migrants, offering an FDIC-insured account, VISA® debit card, access to ATMs, remittance and international calling, native language advisors, and a network of community meet-up spaces. Founded in 2019 in Sweden, it has since established its U.S. headquarters in Miami, FL. With a $12.50M Series B investment as of May 22, 2024, from Avid Ventures, Heartcore, Valar Ventures, and notable individuals Victor Jacobsson, Magnus Nilsson, Jacob De Geer, Hjalmar Winbladh, MAJORITY demonstrates investor confidence. Its unique value proposition and experienced leadership in serving immigrant communities globally for over 15 years positions it as a promising player in the Financial Services, Fintech, Payments, and Banking sectors.

Business keywords: Digital Banking, Immigrant Services, Remittance, Mobile Banking, International Calling, FDIC-Insured Accounts, VISA Debit Card, ATM Network, Community Meet-ups, Local Discounts, Event Management, Multilingual Services, App-based Platform

Services & Products

Mobile Banking
Debit Card Services
International Money Transfers
Mobile Top-ups
Financial Inclusion

Target Customers

Ambitious individuals migrants individuals without SSN international mobile users

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $7.50M -
22 May 2024
Series B $12.50M 7
Avid Ventures, Heartcore +5
22 May 2024
Series B $9.75M 2
Heartcore, Valar Ventures
14 Jun 2023
Series B $30.00M 2
Heartcore, Valar Ventures
14 Sep 2022
Debt Financing $7.50M 2
Valar Ventures, Heartcore Capital
14 Sep 2022
Series A $27.00M 3
Avid Ventures, Heartcore +1
07 Dec 2021
Seed Round $19.00M 3
Avid Ventures, Heartcore +1
22 Jun 2021

MAJORITY Alternatives & Competitors

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FAQ About MAJORITY

The first digital financial service dedicated to the success of modern migrants in the US. #ThisIsMAJORITY
MAJORITY was founded in 2019.
MAJORITY is headquartered in Sweden.
MAJORITY operates in Financial Services, Fintech, Payments and Banking. Its work centres on Digital Banking, Immigrant Services, Remittance and Mobile Banking. Its customers include Ambitious individuals, migrants and individuals without SSN.
MAJORITY has approximately 195 employees.
MAJORITY has completed 7 funding rounds, raising a total of $113.25M. The latest funding stage is Series B.
MAJORITY offers: Mobile Banking, Debit Card Services, International Money Transfers, Mobile Top-ups, Financial Inclusion.
Top alternatives and competitors to MAJORITY include Institution, Niyo Solutions Inc., Karsa (YC W25), Varo Bank, Novo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MAJORITY and Institution are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for MAJORITY, https://bouncewatch.com/company/majority, updated 25 March 2025. When citing, please name BounceWatch and link this page.

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