Archive: banking
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Project | Expanding the financial options of immigrant money senders
Our idea: Remás enables immigrants to save on money transfer fees, access the financial mainstream, and increase opportunities for themselves and their communities here and abroad. Remás addresses two problems: 1. International money transfer is a multi-billion dollar industry comprised of millions of small transactions, the costs of which are often not transparent. One in ... more -
Project | MobileSaver
Our idea: MobileSaver is a mobile web portal for the management of an Individual Development Account. An Individual Development Account (IDA) is a matched savings account that enables families with limited financial resources to save and build assets. IDAs encourage savings by matching participant deposits, which then are invested into specific assets. IDAs are about ... more