Startups

Neobank for immigrants.

Summary

Seedtable Score
  • 64
Locations
Company Size
  • 101 to 250 employees
Last Stage Round
  • Series B
Industry

Insights

This section hypothesizes why Majority can be a $10 billion dollar company in 10 years, in 10 lines or less.


Majority, a neobank based in Stockholm, has strong potential due to its focus on serving immigrants. By tailoring financial services to this often underserved demographic, Majority addresses unique needs unmet by traditional banks, such as establishing credit in a new country and handling cross-border transactions. Majority's direct-to-consumer software-based model allows for flexibility and scalability. Supported by investors like Heartcore and Valar Ventures, Majority is well-positioned to capture a loyal customer base and tackle financial exclusion in this community, giving it a competitive edge.

Total funding Amount

$93M

Fundraising History

  • May 22 '24 Series B
    $13M
  • Jun 14 '23 Series B
    $9.8M
  • Jun 14 '23 Series B
    $9.8M
  • Sep 01 '22 Series B
    $30M
  • Dec 01 '21 Series A
    $27M
  • Jun 01 '21 Seed
    $19M

Investors

  • Valar Ventures
    Seed
  • Heartcore
    Seed
  • Avid Ventures
    Series B