Well Run profileThe Chase Pack · #435 of 720

Position 435

Majority

Subscription mobile bank for immigrants: account without SSN, transfers, calling, phone plans

Pace
5:20/kmSteady2.75
Distance
Distance Half.
Open ops roles
2
Last week
#377
Move
▼ 58
Peak
#377
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#367#401#434#377Oct 18#424Oct 25
Pace score
02462.8Oct 182.8Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Majority runs in the Steady lane (5:20/km): 69 of 196. Further right = more momentum. No competitors on the board yet, so it runs alone.
Total raised
$90M+ equity (Refresh Miami, May 2024) + $15M debtsee rounds ↓
Founded
2019
HQ
Miami, FL

Leadership

The problem

Newcomers to the US struggle to get banked without an SSN and overpay to send money and call home

What they do

Subscription mobile bank for immigrants: account without SSN, transfers, calling, phone plans

Traction Revenue tripled three years running; $40M ARR Apr 2024; 1M+ users, $1B+ sent to LatAm

Hiring trend

Open roles
11
Ops roles
2
Headcount
~185-240 (Revelio 185 Mar 2026; LinkedIn-based ~232)

Flat headcount, ~185 (Revelio, Mar 2026, +0.9% YoY); postings 16 → 41 vs 2025

Funding

Last round
$20M ($12.5M equity + $7.5M debt; flat round)
Stage
Series B
Date
May 2024

Led by Fintech founders incl. Victor Jacobsson (Klarna) and Hjalmar Winbladh; Valar Ventures led the Series B

Distance

Half · edge: hard to leave

Likely the largest US neobank built for immigrants (1M+ users, profitable, ahead of Común), but small next to Chime and Remitly, and it runs on partner banks.

Sources: LinkedIn (MAJORITY/Privy), May 2026: 1M+ users, $1B+ sent to LatAm ↗ · FinansWatch / Dagens Industri, Aug 2026: growing as a profitable digital bank ↗ · Refresh Miami, Aug 2025: revenue tripled three years running; phone plans launched ↗ · TechCrunch, May 2024: $40M ARR; rivals Comun, Maza, Alza ↗

Watch-outs

Soft, not scored: headcount flat for ~18 months (Revelio 187 → 185); last raise May 2024 was a flat round; recent Glassdoor reviews (2025-26) complain about harsh management and people let go for raising concerns, with no reported RIF; sector risk after peer Seis shut down

Sources: Revelio Labs headcount, Majority (Mar 2026: 185, +0.9% YoY) ↗ · TechCrunch, May 2024: $20M raise, CEO calls it a flat round ↗ · Glassdoor reviews, MAJORITY (3.7, 25 reviews) ↗ · Glassdoor review, Jan 2026: disorganized, low pay ↗ · FinTech Futures: immigrant-focused peer Seis shuts down ↗

Last checked Oct 14, 2026

Funding historyTotal raised $90M+ equity (Refresh Miami, May 2024) + $15M debt

  1. May 2024Series B tranche + debt$12.5M equity + $7.5M debtLed by Victor Jacobsson, Hjalmar Winbladh (fintech founders) techcrunch.com ↗
  2. 2023Series B tranche$9.75Mtechcrunch.com ↗
  3. Sep 2022Series B$30M equity + $7.5M debtLed by Valar Ventures techcrunch.com ↗
  4. Dec 2021Series A$27MLed by Valar Ventures americanbanker.com ↗
  5. 2021Seed$19MLed by Valar Ventures americanbanker.com ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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