Our mission is to drive social mobility for Latinos in the U.S.
Let's start with the problem:
Living in the United States as a foreigner is not easy, and the US financial system does not help. Trustworthy financial services are critical for building wealth, and unfortunately, millions of Latinos are left out.
There are many barriers to entry including:
Latinos are less likely to have an insurance number².
Spanish-language services for Latinos are lacking³
Many services for Latinos are overpriced¹.
This creates a structural opportunity gap:
more likely to be unbanked³
highest commissions paid on bank accounts¹
more likely to lack financial knowledge⁷.
At Comun, we have the solution:
Reduce these barriers to entry to accelerate integration with the digital economy.
Comun is the only platform that allows you to apply with more than 100 LATAM IDs.
100% bilingual customer service with native Spanish speakers available 24/7 by chat, mail, or phone.
A network of 90,000 deposit or withdrawal locations that allow you to access cash from wherever it’s most convenient.
Inclusive financial services will help grow Latinos’ already outsized impact on the US economy:
63.7 million Latinos now live in the U.S.
The population is expected to reach 120 million by 2060⁵.
Latinos contribute $3.2 trillion in GDP
This represents the 5th largest GDP in the world (more than Mexico and Brazil combined)⁴.
+1 million immigrants yearly
Immigrants will continue to play a key role in addressing the worker shortage gap in the USA⁶.
Our team is uniquely positioned to build this solution
We are a team of immigrants from all over the world and many LATAM countries including Mexico, El Salvador, Panama, Venezuela and Guatemala.
We have a team with over 50 years of combined experience in banking and technology services. We want to leverage that experience to dedicate ourselves to helping our community achieve a better financial life.
You are in good company
Backed by top VC funds including:
Endorsed by 50 company executives including:
We are proud that more than 10% of our capital comes from Latino investors