MAJORITY
MAJORITY is a subscription-based mobile banking membership for US immigrants and migrants, offering FDIC-insured accounts, debit and secured credit cards, fee-free international transfers (via stablecoin on Solana), mobile top-ups, and international calling for $5.99/month.
- Company typePrivate
- Founded2019
- HeadquartersMiami, United States
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
What MAJORITY does
MAJORITY is a Miami-headquartered fintech founded in 2019 that operates a subscription-based mobile banking membership targeted at migrants and internationals living in the United States. Members pay $5.99 per month (with a 30-day free trial) to access an FDIC-insured checking account (facilitated through partner banks Axiom Bank, N.A. and Sutton Bank), a Visa debit card, a recently launched Visa secured credit card (issued by WebBank) that builds US credit history without requiring a Social Security Number, fee-free international money transfers to 30+ countries, mobile top-ups to 35+ countries, free international calling to 20+ countries, prepaid US mobile plans on AT&T, and an instant P2P payment product called MAJORITY Pay. Onboarding accepts a passport or any foreign government-issued ID rather than requiring US documentation, addressing a structural barrier faced by an estimated 50 million immigrants in the US market.
The platform combines conventional fintech plumbing with a blockchain-enabled remittance rail: in 2025 MAJORITY launched a self-custodial stablecoin wallet on the Solana blockchain, using USDC (in partnership with Circle), Bitso for Latin American payouts, and Privy for security infrastructure, to deliver near-instant, near-zero-cost transfers to Mexico and Colombia. Account funding relies on Dwolla (ACH) and Plaid (bank linking), with money-transmission services licensed through Majority Payment Services LLC (NMLS ID 1991596), Community Federal Savings Bank, and Golden Money Transfer (Inyo, NMLS 916876). Headcount sits at 101–250 across offices in Miami, Stockholm (technical HQ within parent company Rebtel), and Bogota, with the platform serving 1.5M+ users across 100+ countries and processing over $3 billion in cumulative transactions.
Go-to-market is community-led rather than performance-marketing-led: MAJORITY recruits 200+ local ambassadors from within immigrant communities, runs an advisor program paying referral commissions (with training through MAJORITY Academy), and operates physical meetup spaces in Houston, Miami, and Laredo to provide in-person onboarding and ongoing support. The company has raised approximately $130M+ across six rounds since June 2021, with Peter Thiel's Valar Ventures leading every equity round alongside Heartcore Capital and Avid Ventures, and has reported fivefold revenue growth prior to its 2022 Series B and a subsequent tripling of revenue.
MAJORITY firmographics
Firmographics- Name
- MAJORITY
- Legal name
- MAJORITY USA, LLC
- Website
- https://majority.com
- Company type
- Private
- Founded year
- 2019
- Headcount range
- 101–250 employees
- Short description
- MAJORITY is a subscription-based mobile banking membership for US immigrants and migrants, offering FDIC-insured accounts, debit and secured credit cards, fee-free international transfers (via stablecoin on Solana), mobile top-ups, and international calling for $5.99/month.
- Ownership category
- akta.pro rank
MAJORITY industry classification
Industry- Product category
- Digital Banking
- NAICS
- Credit Card Issuing (522210), Commercial Banking (52211)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Consumer P2P International Remittances (FSAGAKAA)
- akta.pro secondary industries
- International / Multi-Currency Wallets (FSAMAEAL), Consumer Remittances (P2P) (FSAMAIAA), Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC), Cross-Border Card-Based Transfers & Multi-Currency Cards (FSAGAKAE)
Keywords
Where MAJORITY is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
MAJORITY business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Membership: Monthly subscription fee providing access to FDIC-insured account, Visa debit card, remittances, international calling, and other banking services. First 30 days free trial.
- International Money Transfers: Fee-free money transfers to 30+ countries with competitive exchange rates, included in membership. Stablecoin transfers to Mexico and Colombia are free.
- Secured Credit Card: Secured credit card with security deposit ($200 minimum) to help build credit history. Reports payment history to credit bureaus.
- International Calling and Mobile Top-ups: Free international calling to 20+ countries including Mexico, Canada, UK, and Spain. Fee-free mobile top-ups to 35+ countries.
- Mobile Phone Plans: Affordable prepaid mobile phone plans powered by AT&T, offered as an add-on service to members.
- Partner Discounts and Referral Income: Partner discounts with travel, insurance, and health services where MAJORITY earns referral fees when members use partner services with their MAJORITY card.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard Membership - All-in-one mobile banking |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
MAJORITY product offering
Product offeringCore offering
MAJORITY is a subscription-based mobile banking membership platform serving migrants and internationals in the United States. The all-in-one $5.99/month service combines an FDIC-insured checking account, Visa debit and credit cards, fee-free international money transfers to 30+ countries, international calling to 20+ countries, and mobile top-ups to 35+ countries. Account opening requires only a passport or foreign government-issued ID, with no US Social Security Number needed.
Product overview
MAJORITY is a subscription-based mobile banking membership platform for migrants and internationals, offering a unified financial services suite. The core platform combines FDIC-insured checking accounts with Visa debit/credit cards, international money transfers (30+ countries), mobile top-ups (35+ countries), international calling (20+ countries free to select destinations), and U.S. phone plans. Additional modules include MAJORITY Pay for P2P payments, a secured credit card for building credit history, and a stablecoin wallet for blockchain-enabled instant transfers. The company targets underserved immigrant communities with no SSN requirements, operating physical meetup spaces alongside its digital platform. Membership costs $5.99/month (first 30 days free) with banking services facilitated through partner Axiom Bank, N.A.
Differentiator
Problem solved
Functional benefit
Products and services
- MAJORITY Account FDIC-insured mobile banking account for migrants and internationals; allows account opening with passport or any valid ID without requiring a US Social Security number, providing access to banking services through partner Axiom Bank, N.A.
- MAJORITY Visa Debit Card Reloadable Visa debit card with cashback rewards, accepted worldwide wherever Visa is accepted, with card lock/unlock, real-time notifications, and no foreign transaction fees.
- Money Transfers International money transfer service to 30+ countries with competitive exchange rates; transfers delivered in minutes with 50+ delivery options including bank transfers, mobile wallet, and cash pickup.
- Mobile Top-ups Fee-free international mobile top-up service to 35+ countries including Cuba, Mexico, Nigeria, and Colombia, allowing users to send phone credits to family and friends.
- International Calling International calling service with free calls to 20+ countries including Mexico, Canada, UK, and Spain, with low rates to all other destinations and high-quality connections without internet.
- U.S. Phone Plans Affordable prepaid mobile phone plans powered by AT&T network with unlimited talk and text in the U.S., affordable high-speed data, and free international calls to 40+ countries.
- MAJORITY Pay Instant peer-to-peer payment service enabling users to pay anyone in the U.S. with a Visa or MasterCard debit card, or directly to other MAJORITY members card-free.
- MAJORITY Visa Credit Card Secured credit card designed to help build U.S. credit history without requiring credit history or SSN; requires security deposit as low as $200; offers credit limit boosts up to 5% with on-time payments; reports to credit bureaus.
- Stablecoin Wallet Self-custodial stablecoin wallet built on Solana blockchain for instant, free international transfers; powered by USDC via Circle; initially available for transfers to Colombia and Mexico with near-zero cash-out costs.
Companies that use MAJORITY
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles1 record
MAJORITY technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature5 records
MAJORITY partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered flagship, core and minor.
- Axiom Bank, N.A.flagshipFDIC-insured partner bank issuing MAJORITY's Visa debit card and holding customer account deposits. MAJORITY app facilitates banking services through Axiom Bank, N.A., Member FDIC.
- Sutton BankflagshipInitial banking partner providing FDIC-insured accounts and Visa prepaid cards. Partnered with MAJORITY for US market expansion with access to 55,000+ ATMs.
- WebBankcoreIssues the MAJORITY Visa Credit Card, Member FDIC, pursuant to license from Visa U.S.A. Inc. Credit card secured by collateral account held at WebBank.
- CirclecorePartnership with Circle for USDC stablecoin integration, enabling instant, free international transfers. Circle ensures stability through USDC, one of the most trusted stablecoins.
- BitsocorePartner for stablecoin-enabled international transfers, enabling USDC payouts in Mexico and Colombia with near-zero cash-out costs.
- PrivycoreEnterprise-grade security infrastructure provider for MAJORITY's stablecoin wallet, ensuring secure customer transactions and identity management.
- Rebtel Networks ABflagshipParent company providing international calling services. Swedish telecom company with 15+ years serving migrant communities globally. MAJORITY CEO Magnus Larsson also leads Rebtel.
- Gigs Wireless, LLCcoreProvides affordable prepaid mobile phone plans powered by AT&T network. MAJORITY acts as billing and customer-service agent for Gigs.
- Community Federal Savings BankcoreFederally chartered savings bank providing international money transfers in certain US states. Supervised by OCC. Transfer provider for states not served by Majority Payment Services.
- Golden Money Transfer, Inc. dba InyocoreLicensed money transmitter (NMLS ID 916876) providing international money transfers in most US states alongside Community Federal Savings Bank, based on destination, amount, and operational factors.
- travel.win LLCminorTravel partner offering MAJORITY members exclusive discounts at 800,000+ hotels and vacation rentals worldwide, plus car rental options across the US.
- InsurifyminorCar insurance comparison platform partnership offering members savings up to $852 on car insurance. MAJORITY card payments unlock member discounts.
- HealthBirdminorHealth insurance marketplace partner providing free quotes for health, dental, vision, and hearing insurance. Members can compare plans and pay with MAJORITY card.
- MedPassminorHealth membership program partner offering telemedicine, mental health, nutrition, and fitness resources. MAJORITY members get 20% discount with MAJORITY20 code.
Scale indicators11 records
Recent moves9 records
Expansion highlights6 records
MAJORITY competitors and assessment
Company assessmentDirect peers
- Remitly: US-headquartered digital remittance platform focused on immigrant senders transferring money to LATAM, Africa, and Asia. Directly competes with MAJORITY on cross-border transfer corridors and shares the migrant-customer focus, though Remitly lacks the bundled banking/subscription model.
- Wise: Global cross-border payments and multi-currency account platform serving individuals and businesses. Closest competitor on multi-currency wallet functionality and fee-led cross-border transfers, with overlapping immigrant/diaspora use cases.
- WorldRemit: International digital remittance service sending money to mobile wallets, bank accounts, and cash-pickup locations across emerging markets. Directly comparable corridor coverage and migrant-target customer base.
- Sendwave: Mobile-first remittance app focused on African corridors (including Nigeria and Ghana) with a no-fee transfer model. Highly comparable target demographic and corridor-overlap strategy with MAJORITY.
Broad incumbents
- MoneyGram: Established global remittance incumbent with extensive cash-pickup and digital channels across LATAM, Africa, and Asia. Operates at far greater scale but competes directly on cross-border corridors MAJORITY serves.
- Western Union: Largest traditional remittance network globally with deep agent footprint and a growing digital channel. Competes on the same corridors but with substantially broader geographic coverage and brand recognition.
- Chime: US digital bank serving underbanked consumers with no-fee checking and early direct deposit. While not migrant-focused, Chime competes for the same unbanked/underbanked segment in the US.
Emerging players
- Current: US mobile-first neobank targeting underbanked consumers with early direct deposit, no-fee overdraft, and money-management tools. Competes for the underbanked demographic but lacks immigrant-specific features.
- Greenwood: US digital bank focused on Black and Latino communities with culturally tailored banking products. Closest comparable in mission-driven, community-focused underbanked banking, though smaller in scale.
- Acorns (formerly with Cheese): US consumer fintech with historical exposure to immigrant banking via the Cheese acquisition, now integrating immigrant-friendly features. Adjacent competitor in immigrant-focused mobile banking.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MAJORITY social profiles
Digital presenceMAJORITY compliance and trust
Trust signalCompliance5 records
MAJORITY financial estimates
Financial estimateRevenue estimate
Valuation estimate
MAJORITY leadership team
Management profileNumber of profiles
Profiles4 records
MAJORITY subsidiaries and ownership
Company hierarchySubsidiaries2 records
MAJORITY funding detail
Funding detailFunding overview
Funding rounds7 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MAJORITY M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MAJORITY
What does MAJORITY do?
MAJORITY is a subscription-based mobile banking membership platform serving migrants and internationals in the United States. The all-in-one $5.99/month service combines an FDIC-insured checking account, Visa debit and credit cards, fee-free international money transfers to 30+ countries, international calling to 20+ countries, and mobile top-ups to 35+ countries. Account opening requires only a passport or foreign government-issued ID, with no US Social Security Number needed.
Is MAJORITY a public or private company?
MAJORITY is a private company. It is classified as venture growth investor backed.
When was MAJORITY founded?
MAJORITY was founded in 2019. It employs 101 to 250 people.
Where is MAJORITY based?
MAJORITY is headquartered in Miami, United States, in the North America region.
How does MAJORITY make money?
Six revenue lines are on record. Subscription Membership is the primary driver. The others are international Money Transfers, secured Credit Card, international Calling and Mobile Top-ups, mobile Phone Plans and partner Discounts and Referral Income.
Who are MAJORITY's main competitors?
Direct peers on record are Remitly, Wise, WorldRemit and Sendwave. Broad incumbents are MoneyGram, Western Union and Chime. Emerging players are Current, Greenwood and Acorns (formerly with Cheese).
Does MAJORITY have an API?
No public API is recorded for MAJORITY.
What industry is MAJORITY in?
MAJORITY's product category is Digital Banking. Its primary akta.pro industry code is FSAGAKAA, Consumer P2P International Remittances, with a secondary code of FSAMAEAL, International / Multi-Currency Wallets. Its NAICS code is 522210 and its SIC code is 6199.