In the ‘migrant tech’ space, Majority lends cultural and logistical banking support to immigrants.
In the early 2000s, native Swede Magnus Larsson spent a year and a half in the U.S., studying in Miami, and teaching Swedish in Minnesota. During his sojourn, he found it more difficult than he thought it should be to perform simple settling-in tasks—such as setting up a bank account. It wasn’t clear to him, for instance, what the difference was between a checking and savings account. The red tape was exhausting. He started relying on a network of fellow Swedes, who had been there and done that, for advice on how to check off everyday items.
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