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Welcome Technologies
Ecosystem connecting immigrants to financial tools and education
- 21-100 employees
- Fintech
- B2C
- Personal finance
- Learning
- Sawtelle, Los Angeles, CA
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Company mission
Welcome Tech's mission is to provide immigrants with all the financial tools they need to thrive and succeed in new countries.
74% employee growth in 12 months
Our take
When a person moves to a new country, there are many challenges to overcome, and some of the biggest include finding trustworthy healthcare, financial advice, and education resources. Welcome Technologies is tackling these three problems directly.
The company started by building education resources specifically for the Hispanic community, and has now launched banking options with debit cards and a bilingual app. It also offers a monthly subscription service to connect users with medical resources at a discount. The B Corp has access to a large audience, and has nearly 4 million registered and active users.
The company was built by immigrants, and has a good understanding of the difficulties being faced. Looking forwards, the company will likely look to expand outside of the US.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 401k plan
- Vision and dental insurance
- Work from home opportunities
- Health insurance
Funding (last 2 of 3 rounds)
Apr 2022
$30m
LATE VC
Apr 2021
$35m
SERIES B
Total funding: $73m
This company has top investors
Leadership
Amir Hemmat
(CEO)Having studied at UCLA, Amir founded Coro Southern California and worked for 5 years as Chairman of PROFMEX. They joined DecisionSky as Chairman in 2009, before co-founding Welcome Tech in February 2010.
Raul Lomeli-Azoubel
(Chairman & Chief Community Officer)Raul took a degree at UCLA before spending over 4 years at Wells Fargo and serving as Chairman of several companies. They co-founded Welcome Tech with Amir in 2010.