Wednesday, April 21, 2021

Welcome Tech Finds $35M For Financial Inclusion

Los Angeles-based Welcome Tech, which is developing a financial inclusion platform aimed at the multigenerational, immigrant community, said this week that it has raised $35M in a Series B funding round. The fundinc ame from TTV Capital, Owl Ventures and SoftBank along with Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital. According to the company, it is developing financial services, including a debit card and bilingual mobile app. The startup is led by Amir Hemmat, Co-Founder, President and CEO. The company currently operates banking site SABEResPODER. More information »