Majority news and trends

SoftBank Wants Majority Stake In WeWork, Sans Liabilities
Investments // October 21, 2019

SoftBank looks to become the majority owner of WeWork without getting into long-term lease obligations, Reuters said on Saturday, Oct. 19. Sources told Reuters that SoftBank has delivered a $5 billion financing rescue that The We Company — parent of New York-based WeWork — is...

Why Migrant Workers Need Their Own Financial Services
Alternative Finances // October 08, 2019

According to the Bureau of Labor statistics, as of 2018 (the last full year for which data is available), there were 28.2 million foreign-born persons in the U.S. labor force – representing roughly 17 percent of the total number. Foreign workers in the U.S. come from all...

Interviews & Exclusives
Why Migrant Workers Need Their Own Financial Services

October 08, 2019
According to the Bureau of Labor statistics, as of 2018 (the last full year for which data is available), there were 28.2 million foreign-born persons in the U.S. labor force – representing roughly 17 percent of the total number. Foreign workers in the U.S. come from all over the world, though Latin America and Asia are the […]

Quick Reads
Majority Raises $37.5M to Further Serve Banking Needs of US Migrants

September 14, 2022
Mobile bank for migrants Majority raised $37.5 million in a Series B funding round for expanding its suite of essential services as it continues its growth trajectory to support the nearly 50 million immigrants in the U.S. The fresh infusion of capital was led by third-time company backer Valar Ventures, with $30 million in equity […]

SoftBank Wants Majority Stake In WeWork, Sans Liabilities

October 21, 2019
SoftBank looks to become the majority owner of WeWork without getting into long-term lease obligations, Reuters said on Saturday, Oct. 19. Sources told Reuters that SoftBank has delivered a $5...