Features, Benefits and How it Works
Majority is a financial technology company focused on serving immigrant and underserved communities in the United States with accessible, inclusive banking solutions. Founded in 2019, Majority aims to address the unique financial needs of immigrants and those who may not have access to traditional banking services due to language barriers, lack of credit history, or other systemic obstacles.
Moreover, at the heart of Majority’s offerings is its mobile banking app, which provides users with a range of financial tools and services tailored to their needs. The app includes features such as no monthly fees, no minimum balance requirements, and easy-to-understand financial management tools. Majority’s primary product is a debit card linked to the app, which can be used for everyday purchases, bill payments, and international transfers.
Likewise, one of Majority’s key differentiators is its focus on cross-border financial transactions. The company offers competitive rates for international money transfers, making it easier and more affordable for users to send money to family and friends abroad. This service is particularly valuable for immigrant communities who regularly need to transfer funds across borders.
Additionally, Majority emphasizes inclusivity by providing multilingual customer support and resources. The app is designed to be accessible to users who may not be fluent in English, with support available in several languages. This approach helps bridge the gap for individuals who may face language barriers when dealing with traditional banking institutions.
Majority also aims to foster financial literacy and empowerment among its users. The app includes educational resources and tools designed to help users understand and manage their finances better. By providing a platform that combines practical banking services with a focus on community needs and financial education, Majority seeks to improve the financial well-being of its users and support their integration into the broader financial system.
Go to Majority
Founded: 2019
Headquarters: Houston, Texas, USA
Users: +100,000 users
Countries available: United States
Account plans: 1 plan option for personal users
