Company Information

Get to know MAJORITY

MAJORITY is a financial technology company focused on providing mobile banking services for migrant communities. Founded in Sweden and now headquartered in the U.S., the company's mission is to empower the underserved immigrant population by offering a suite of tools in a single app, including an FDIC-insured checking account, a Visa debit card, international money transfers, mobile top-ups, and discounted international calling. By removing the typical barriers of traditional banking, MAJORITY aims to provide fair and transparent financial services to help its members save money and connect with their families back home.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial PSP Gateway

Contact

Social

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MAJORITY

Sweden

Founded in

30 Apr 2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.