Majority, an immigrant banking platform, secures $20 million in funding after experiencing a staggering 3x revenue growth.

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TechCrunch has followed Majority’s growth journey since it closed a $19 million seed round in 2021.

Microsoft announced on Tuesday during its annual Build conference that it’s bringing “Windows Volumetric Apps” to Meta Quest headsets.

The recent funding is also the final step toward profitability, Larsson said.“That’s always been the aim, and could come as soon as next year,” he said.“We are in that stage where we know our customers well, we know that they love our product and we know how to scale this market very well.

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Article Details

Author / Journalist: Christine Hall

Category: Technology

Markets: United StatesIndiaNetherlandsSweden

Topics: Fundraising Fintech MAJORITY Immigrants Magnus Larsson Banking app Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-22 @ 13:03:21 (4 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1263 words

Reading Time: 8 minutes read

Sentences: 64 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21058470

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