Welcome Applied sciences, an outfit that works to help immigrants to the US, has joined forces with Inexperienced Dot on a digital banking product.
Now, working with Inexperienced Dot, it’s introducing PODERcard, an account and Visa card that goals to assist shut the banking hole for immigrants. It can first be provided to the Hispanic neighborhood, the place lower than half of households are totally banked.
Branded beneath SABEResPODER — Welcome Applied sciences’ flagship digital platform serving almost two million energetic members – the account has a bilingual interface, entry to a free ATM community, no month-to-month charges or minimums, and academic materials.
Welcome Applied sciences is utilizing Inexperienced Dot’s Banking-as-a-Service know-how for the account.
“The PODERcard is greater than only a debit card or cellular bank account – it is one of many first of many steps our customers will take to safe a extra financially secure future for themselves and their households,” says Amir Hemmat, CEO, Welcome Applied sciences.