Ramana

Ramana

Neo banking, Payments, remittances,
3 points

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Ramana

3yr ago

Neobanking for international students and visa workers

Annually, over a million people arrive in the US to study and work. Most of them go on to live, build families, network for the long haul. The typical day one financial challenges they face include lack of access to credit, paying higher interest on loans (think personal loans, car purchase) & the requirement to put down an apartment deposit (up to two months of rent). To start with, we will offer a US bank account and virtual card on day zero (while the person is still in their home Country) so they can deposit funds. This will be coupled with a US mobile # and an apartment rental deposit insurance ($10 per month instead of the two months rent). While there are other products we think will be relevant, we will absolutely want to hear from you if this is something you will want. Thanks for taking the time to read and post your thoughts.

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