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The MRKT

Full company profile

uuid000gdhj

Namestring
The MRKT
Legal namestring
THE MRKT CO.
Websiteurl
mrktco.com
Company typeenum
Private
Founded yearint
2004
Descriptiontext

The MRKT is a full-service, minority- and women-owned multicultural marketing and communications agency founded in 2004 as the multicultural arm of Terry Hines & Associates. The agency is headquartered in Los Angeles, California, with a stated team of 11 to 50 employees (approximately 30 individuals visible on the firm's People page). It is organized around five core service lines: consultation and strategy, publicity and communications, creator and influencer marketing, experiential marketing, and social media strategy and creative, delivered through specialized divisions for AAPI, Latinx, African-American, and multicultural social media audiences. The company also produces the mitú InTell Series of proprietary research studies on the U.S. Latino community through a partnership with mitú. Its core technology is essentially nil — The MRKT operates as a people-and-insight-driven services firm rather than a software platform.

The agency serves enterprise clients in entertainment, sports, and corporate tech. Named engagements include Sony Pictures Entertainment, Paramount Pictures (including the Mission: Impossible franchise), Disney (Toy Story 5 premiere and experiential activations), Prime Video, Pluto TV, NBC, WWE/ESPN, and McDonald's. Campaign work is delivered project-by-project or on retainer, with quote-based, non-publicly-disclosed pricing typical of B2B creative agencies. Notable 2022 corporate moves were the formal launch of the AAPI Division (hiring Diane Nguyen from IW Group) and the Influencer Marketing Division (co-led by Shawn Savage Jaramillo and Misha Lightner), expanding the agency's multicultural-service footprint beyond its Latinx and African-American roots.

Revenue mechanics are professional-services driven: marketing and communications billings on enterprise engagements, augmented by influencer management and experiential activation fees. There is no public-company listing, no venture funding, and no disclosed revenue. The agency was recognized in 2025 by PR News (Agency Elite Top 120), Chief Marketer Network (IGNITE Awards win and Honorable Mention for Mission: Impossible work), PR Daily (Social Media & Digital Awards finalist), and PRSA Los Angeles (PRism finalist), with additional legacy recognition including PR News Top 100 and Bulldog PR Awards.

Short descriptiontext

The MRKT is a minority- and women-owned, full-service multicultural marketing agency founded in 2004 in Los Angeles as the multicultural arm of Terry Hines & Associates. It serves enterprise entertainment, sports, and corporate tech clients with cultural consultation, PR, influencer marketing, experiential activations, and social media strategy across AAPI, Latinx, and African-American audiences.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBurbank, United States
HQ citystring
Burbank
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
multicultural marketing services, experiential marketing activations, influencer marketing agency, public relations services, cultural marketing consultancy
Industry1 code
1Multicultural & Diversity Marketing Creative Agencies
CodeMPAAAAAKPrimaryYes
NAICS code1 code
  • Marketing Research and Public Opinion Polling541910
SIC code1 code
  • Services-Advertising7310
Product category
Multicultural Marketing Services
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Marketing and Communications Services
TypeProfessional Services
Description

Full-service agency providing strategic marketing, public relations, influencer marketing, experiential marketing, and social media services to entertainment, sports, and corporate tech clients on a project and retainer basis.

mrktco.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The MRKT is a full-service multicultural marketing and communications agency that provides strategic consultation, bilingual public relations, influencer and creator marketing, experiential marketing activations, and social media strategy to enterprise clients in entertainment, sports, and corporate technology. The agency's offerings are organized around five core service practices plus four specialized multicultural divisions (AAPI, Latinx, African-American, and multicultural social media) and a research partnership producing the mitú InTell Series studies.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Franchise-record-breaking campaign success for Mission: Impossible – The Final Reckoning
+2 more records
Product overview1 text field

The MRKT is a full-service multicultural marketing and communications agency that offers a comprehensive suite of services organized around strategic consultation, publicity, influencer/creator marketing, experiential activations, and social media creative. The agency operates specialized divisions focused on distinct multicultural segments (AAPI, Latinx, African-American, and multicultural social media) and produces research products like the mitú InTell Series in partnership with mitú. Founded in 2004 as a brain trust of multicultural marketers, the agency functions as a service-based consultancy rather than a software platform.

Product and service11 records
1Consultation + Strategy
CategoryMarketing Strategy Services
Description

Strategic positioning refinement, cultural touchpoint integration, risk anticipation, and execution roadmap development services for brands seeking to engage multicultural audiences.

2Publicity + Comms
CategoryPublic Relations Services
Description

Bilingual, bicultural public relations services including press release crafting, media training, reputation management, thought leadership development, and press day/premiere execution for entertainment and brand clients.

3Creator and Influencer Marketing
CategoryInfluencer Marketing Services
Description

Influencer partnership sourcing and securing, contract negotiation, content production, gifting programs, and FTC-compliant execution for entertainment and brand campaigns, spanning macro and micro influencer tiers.

4Experiential Marketing
CategoryExperiential Marketing Services
Description

Immersive brand activation concepting and building, custom event fabrication, logistics coordination, onsite execution, and delivery of memorable brand experiences at premieres, festivals, and branded events.

5Social Media Strategy + Creative
CategorySocial Media Services
Description

Authentic content creation and dynamic storytelling, paid media amplification, community management, engagement driving, and performance analytics optimization for multicultural audiences.

6AAPI Marketing Division
CategoryMulticultural Marketing Division
Description

Specialized marketing and communications division focused on Asian Americans and Pacific Islanders, providing high-level strategies and campaigns targeting this diverse community spanning 40+ ethnicities.

7Influencer Marketing Division
CategoryMulticultural Marketing Division
Description

Dedicated influencer team working with influencers, content creators, and celebrities at macro and micro levels to develop content strategies maximizing reach and cultural relevance across social platforms.

8Latinx Marketing/Communications
CategoryMulticultural Marketing Division
Description

Targeted marketing and communications services focused on the U.S. Latinx community, providing cultural insights and authentic representation.

9African-American Marketing/Communications
CategoryMulticultural Marketing Division
Description

Targeted marketing and communications services focused on the African-American community with cultural nuance and authenticity.

10Multicultural Social Media/Creative Marketing
CategoryMulticultural Marketing Division
Description

Social media strategy and creative services specifically designed for multicultural audiences with diverse-forward authentic content development.

11mitú InTell Series
CategoryResearch Products
Description

Research studies series examining the U.S. Latino community's attitudes, behaviors, and trends across topics including health, wellness, and finance, conducted in partnership with mitú.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-11-18
Description

Leading Latino digital media company mitú partnered with The MRKT to release the mitú InTell Series of studies on the current state of the U.S. Latino community. The partnership produced studies on health & wellness and financial state of U.S. Hispanics, providing proprietary research insights that inform The MRKT's multicultural marketing strategies.

Strategic tierCoreTypeOthers
Description

The MRKT is the multicultural marketing and communications arm of Terry Hines & Associates, operating as a specialized division focused on multicultural marketing services.

Strategic tierMinorTypeOthers
Description

Diane Nguyen, who now leads The MRKT's AAPI Division, previously worked at IW Group Inc. where she spearheaded the PR campaign for Warner Bros. Pictures' Crazy Rich Asians.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Long-standing Asian-American focused multicultural marketing agency with PR, creative, and digital capabilities. Directly comparable as a boutique multicultural specialist; notably the prior employer of The MRKT's AAPI Division lead.

2Alma
TypeDirect peer
Description

Hispanic-led, full-service multicultural creative and media agency. Comparable as a minority-owned, culture-first agency serving Fortune 500 brands with creative, PR, and influencer capabilities.

TypeDirect peer
Description

Hispanic-American creative, media, and PR agency within the Havas network. Comparable as a multicultural full-service agency with entertainment, sports, and CPG clients and similar end-to-end capabilities.

TypeDirect peer
Description

One of the largest independent Hispanic marketing agencies in the U.S. Comparable as a full-service multicultural shop with deep Hispanic expertise and longstanding Fortune 500 client relationships.

TypeDirect peer
Description

Hispanic and multicultural digital marketing and PR agency. Comparable as a Hispanic-led boutique serving entertainment, CPG, and tech clients with influencer and experiential capabilities.

TypeDirect peer
Description

African-American focused full-service advertising agency. Comparable as a minority-owned culture-led creative agency serving major brands across entertainment and consumer categories.

TypeDirect peer
Description

Asian-American and multicultural full-service advertising agency. Comparable as a culture-first creative, PR, and digital shop serving Fortune 500 clients with deep AAPI expertise.

TypeDirect peer
Description

Independent Hispanic-focused advertising and communications agency. Comparable as a full-service multicultural creative and PR firm serving major CPG, entertainment, and tech clients.

TypeDirect peer
Description

Cross-cultural digital and creative agency with Hispanic and multicultural marketing capabilities. Comparable as a boutique specialist offering strategy, creative, media, and PR for multicultural audiences.

TypeEmerging player
Description

Multicultural and Hispanic-focused PR, influencer, and experiential agency. Comparable as a culture-led boutique with entertainment and brand clients; smaller in scale than The MRKT but directly competitive in the experiential/influencer niche.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The MRKT

Multicultural Marketing Servicesmrktco.com

The MRKT is a minority- and women-owned, full-service multicultural marketing agency founded in 2004 in Los Angeles as the multicultural arm of Terry Hines & Associates. It serves enterprise entertainment, sports, and corporate tech clients with cultural consultation, PR, influencer marketing, experiential activations, and social media strategy across AAPI, Latinx, and African-American audiences.

What The MRKT does

The MRKT is a full-service, minority- and women-owned multicultural marketing and communications agency founded in 2004 as the multicultural arm of Terry Hines & Associates. The agency is headquartered in Los Angeles, California, with a stated team of 11 to 50 employees (approximately 30 individuals visible on the firm's People page). It is organized around five core service lines: consultation and strategy, publicity and communications, creator and influencer marketing, experiential marketing, and social media strategy and creative, delivered through specialized divisions for AAPI, Latinx, African-American, and multicultural social media audiences. The company also produces the mitú InTell Series of proprietary research studies on the U.S. Latino community through a partnership with mitú. Its core technology is essentially nil — The MRKT operates as a people-and-insight-driven services firm rather than a software platform.

The agency serves enterprise clients in entertainment, sports, and corporate tech. Named engagements include Sony Pictures Entertainment, Paramount Pictures (including the Mission: Impossible franchise), Disney (Toy Story 5 premiere and experiential activations), Prime Video, Pluto TV, NBC, WWE/ESPN, and McDonald's. Campaign work is delivered project-by-project or on retainer, with quote-based, non-publicly-disclosed pricing typical of B2B creative agencies. Notable 2022 corporate moves were the formal launch of the AAPI Division (hiring Diane Nguyen from IW Group) and the Influencer Marketing Division (co-led by Shawn Savage Jaramillo and Misha Lightner), expanding the agency's multicultural-service footprint beyond its Latinx and African-American roots.

Revenue mechanics are professional-services driven: marketing and communications billings on enterprise engagements, augmented by influencer management and experiential activation fees. There is no public-company listing, no venture funding, and no disclosed revenue. The agency was recognized in 2025 by PR News (Agency Elite Top 120), Chief Marketer Network (IGNITE Awards win and Honorable Mention for Mission: Impossible work), PR Daily (Social Media & Digital Awards finalist), and PRSA Los Angeles (PRism finalist), with additional legacy recognition including PR News Top 100 and Bulldog PR Awards.

The MRKT firmographics

Firmographics
Name
The MRKT
Legal name
THE MRKT CO.
Website
https://mrktco.com
Company type
Private
Founded year
2004
Operating status
Operating
Headcount range
11–50 employees
Short description
The MRKT is a minority- and women-owned, full-service multicultural marketing agency founded in 2004 in Los Angeles as the multicultural arm of Terry Hines & Associates. It serves enterprise entertainment, sports, and corporate tech clients with cultural consultation, PR, influencer marketing, experiential activations, and social media strategy across AAPI, Latinx, and African-American audiences.
Ownership category
akta.pro rank

The MRKT industry classification

Industry
Product category
Multicultural Marketing Services
NAICS
Marketing Research and Public Opinion Polling (541910)
SIC
Services-Advertising (7310)
akta.pro primary industry
Multicultural & Diversity Marketing Creative Agencies (MPAAAAAK)

Keywords

  • Multicultural marketing services
  • Experiential marketing activations
  • Influencer marketing agency
  • Public relations services
  • Cultural marketing consultancy

Where The MRKT is headquartered

Location

Headquarters

HQ city
Burbank
HQ country
United States
HQ region
North America

Offices1 record

Markets served

The MRKT business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

  1. Marketing and Communications Services: Full-service agency providing strategic marketing, public relations, influencer marketing, experiential marketing, and social media services to entertainment, sports, and corporate tech clients on a project and retainer basis.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

The MRKT product offering

Product offering

Core offering

The MRKT is a full-service multicultural marketing and communications agency that provides strategic consultation, bilingual public relations, influencer and creator marketing, experiential marketing activations, and social media strategy to enterprise clients in entertainment, sports, and corporate technology. The agency's offerings are organized around five core service practices plus four specialized multicultural divisions (AAPI, Latinx, African-American, and multicultural social media) and a research partnership producing the mitú InTell Series studies.

Product overview

The MRKT is a full-service multicultural marketing and communications agency that offers a comprehensive suite of services organized around strategic consultation, publicity, influencer/creator marketing, experiential activations, and social media creative. The agency operates specialized divisions focused on distinct multicultural segments (AAPI, Latinx, African-American, and multicultural social media) and produces research products like the mitú InTell Series in partnership with mitú. Founded in 2004 as a brain trust of multicultural marketers, the agency functions as a service-based consultancy rather than a software platform.

Differentiator

Problem solved

Functional benefit

Products and services

  • Consultation + Strategy Strategic positioning refinement, cultural touchpoint integration, risk anticipation, and execution roadmap development services for brands seeking to engage multicultural audiences.
  • Publicity + Comms Bilingual, bicultural public relations services including press release crafting, media training, reputation management, thought leadership development, and press day/premiere execution for entertainment and brand clients.
  • Creator and Influencer Marketing Influencer partnership sourcing and securing, contract negotiation, content production, gifting programs, and FTC-compliant execution for entertainment and brand campaigns, spanning macro and micro influencer tiers.
  • Experiential Marketing Immersive brand activation concepting and building, custom event fabrication, logistics coordination, onsite execution, and delivery of memorable brand experiences at premieres, festivals, and branded events.
  • Social Media Strategy + Creative Authentic content creation and dynamic storytelling, paid media amplification, community management, engagement driving, and performance analytics optimization for multicultural audiences.
  • AAPI Marketing Division Specialized marketing and communications division focused on Asian Americans and Pacific Islanders, providing high-level strategies and campaigns targeting this diverse community spanning 40+ ethnicities.
  • Influencer Marketing Division Dedicated influencer team working with influencers, content creators, and celebrities at macro and micro levels to develop content strategies maximizing reach and cultural relevance across social platforms.
  • Latinx Marketing/Communications Targeted marketing and communications services focused on the U.S. Latinx community, providing cultural insights and authentic representation.
  • African-American Marketing/Communications Targeted marketing and communications services focused on the African-American community with cultural nuance and authenticity.
  • Multicultural Social Media/Creative Marketing Social media strategy and creative services specifically designed for multicultural audiences with diverse-forward authentic content development.
  • mitú InTell Series Research studies series examining the U.S. Latino community's attitudes, behaviors, and trends across topics including health, wellness, and finance, conducted in partnership with mitú.

Quantifiable outcome

  • Franchise-record-breaking campaign success for Mission: Impossible – The Final Reckoning
  • +2 more outcomes

Companies that use The MRKT

Customer profile

Named customers8 records

Segments6 records

Ideal customer profiles3 records

The MRKT technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

The MRKT partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • mitúcoreStrategic or Co-development Partner · 18 November 2021Leading Latino digital media company mitú partnered with The MRKT to release the mitú InTell Series of studies on the current state of the U.S. Latino community. The partnership produced studies on health & wellness and financial state of U.S. Hispanics, providing proprietary research insights that inform The MRKT's multicultural marketing strategies.
  • Terry Hines & AssociatescoreOthersThe MRKT is the multicultural marketing and communications arm of Terry Hines & Associates, operating as a specialized division focused on multicultural marketing services.
  • IW Group Inc.minorOthersDiane Nguyen, who now leads The MRKT's AAPI Division, previously worked at IW Group Inc. where she spearheaded the PR campaign for Warner Bros. Pictures' Crazy Rich Asians.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

The MRKT competitors and assessment

Company assessment

Direct peers

  • IW Group: Long-standing Asian-American focused multicultural marketing agency with PR, creative, and digital capabilities. Directly comparable as a boutique multicultural specialist; notably the prior employer of The MRKT's AAPI Division lead.
  • Alma: Hispanic-led, full-service multicultural creative and media agency. Comparable as a minority-owned, culture-first agency serving Fortune 500 brands with creative, PR, and influencer capabilities.
  • Republica Havas: Hispanic-American creative, media, and PR agency within the Havas network. Comparable as a multicultural full-service agency with entertainment, sports, and CPG clients and similar end-to-end capabilities.
  • Lopez Negrete Communications: One of the largest independent Hispanic marketing agencies in the U.S. Comparable as a full-service multicultural shop with deep Hispanic expertise and longstanding Fortune 500 client relationships.
  • Captura Group: Hispanic and multicultural digital marketing and PR agency. Comparable as a Hispanic-led boutique serving entertainment, CPG, and tech clients with influencer and experiential capabilities.
  • Carol H. Williams Advertising: African-American focused full-service advertising agency. Comparable as a minority-owned culture-led creative agency serving major brands across entertainment and consumer categories.
  • interTrend Communications: Asian-American and multicultural full-service advertising agency. Comparable as a culture-first creative, PR, and digital shop serving Fortune 500 clients with deep AAPI expertise.
  • Acento Advertising: Independent Hispanic-focused advertising and communications agency. Comparable as a full-service multicultural creative and PR firm serving major CPG, entertainment, and tech clients.
  • Sensis: Cross-cultural digital and creative agency with Hispanic and multicultural marketing capabilities. Comparable as a boutique specialist offering strategy, creative, media, and PR for multicultural audiences.

Emerging players

  • EGC Group: Multicultural and Hispanic-focused PR, influencer, and experiential agency. Comparable as a culture-led boutique with entertainment and brand clients; smaller in scale than The MRKT but directly competitive in the experiential/influencer niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

The MRKT social profiles

Digital presence

The MRKT financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The MRKT leadership team

Management profile

Number of profiles

Profiles6 records

The MRKT funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The MRKT M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The MRKT

What does The MRKT do?

The MRKT is a full-service multicultural marketing and communications agency that provides strategic consultation, bilingual public relations, influencer and creator marketing, experiential marketing activations, and social media strategy to enterprise clients in entertainment, sports, and corporate technology. The agency's offerings are organized around five core service practices plus four specialized multicultural divisions (AAPI, Latinx, African-American, and multicultural social media) and a research partnership producing the mitú InTell Series studies.

Is The MRKT a public or private company?

The MRKT is a private company. It is classified as corporate owned and is currently operating.

When was The MRKT founded?

The MRKT was founded in 2004. It employs 11 to 50 people.

Where is The MRKT based?

The MRKT is headquartered in Burbank, United States, in the North America region.

How does The MRKT make money?

One revenue line is on record: marketing and Communications Services.

Who are The MRKT's main competitors?

Direct peers on record are IW Group, Alma, Republica Havas, Lopez Negrete Communications, Captura Group, Carol H. Williams Advertising, interTrend Communications, Acento Advertising and Sensis. EGC Group is listed as an emerging player.

Does The MRKT have an API?

No public API is recorded for The MRKT.

What industry is The MRKT in?

The MRKT's product category is Multicultural Marketing Services. Its primary akta.pro industry code is MPAAAAAK, Multicultural & Diversity Marketing Creative Agencies. Its NAICS code is 541910 and its SIC code is 7310.

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Live signals
PR NewswireLa Asociación Hispana de Relaciones Públicas anuncia los ganadores del Premio Nacional ¡Bravo! 2022The Hispanic Public Relations Association (HPRA) announced the winners of the National ¡Bravo! Awards 2022 at its eighth annual ceremony held in Austin, Texas on September 29, 2022, recognizing outstanding multicultural marketing and communications teams and campaigns. NBCUniversal Telemundo Enterprises was the biggest winner of the night with four awards, including Campaign of the Year and the integrated communications RSC award, while The MRKT was named Agency of the Year. The event also honored Maria Elena Salinas as Journalist of the Year and awarded the first national HPRA scholarship of $5,000 to Jocelyn Valencia-Chávez, a first-generation Mexican immigrant.PR NewswireStudy on the Current Financial State of the U.S. Latino Community Released by mitú and The MRKTmitú, a Latino digital media company, in partnership with The MRKT released the second edition of the mitú InTell Series study examining the financial state of the US Latino population, based on research conducted by HyperFocus ROI among 1,500 respondents. The study found that US Hispanics over-index in financial technology adoption, with 26% investing in cryptocurrency or NFTs versus 17% of non-Hispanics, and 82% managing bank accounts via mobile apps. However, the study also revealed that six in 10 US Hispanics used check cashing services, spending an estimated $20 billion annually on such services, while homeownership rates stand at 46% compared to 73% for non-Hispanic whites.PR NewswireEstudio Acerca del Estado Financiero Actual de la Comunidad Latina en Estados Unidos es Lanzado por Mitú y The MRKTmitú and The MRKT released the second edition of the mitú InTell study series, examining the financial situation of the US Latino population based on 1,500 respondents split evenly between Hispanics and non-Hispanics. The study found that US Hispanics lead in fintech adoption, with 26% investing in cryptocurrency or NFTs and 82% managing bank accounts via mobile apps, while also revealing that 6 in 10 used check-cashing services, spending approximately $20 billion on such services in the last year. Additionally, the study showed homeownership among US Hispanics (46%) lags behind white non-Hispanic populations (73%), though Gen Z Hispanic homeownership (25%) exceeds their non-Hispanic counterparts (17%).PR NewswireMitú y The MRKT lanzan el primero de una serie de estudios sobre el estado actual de la comunidad latina en EE. UU.Digital media company Mitú and marketing agency The MRKT launched the first study in their 'mitú InTell Series', focusing on health and wellness within the U.S. Hispanic community post-pandemia. Conducted by HyperFocus ROI, the survey of approximately 1,000 participants revealed that mental health is a primary concern for 65% of respondents, with financial status identified as a major barrier to accessing primary care. The companies plan to release subsequent studies covering finance, food, sports, and other topics throughout 2022.