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Stilt, which provides financial services for immigrants, raises $7.5m seed round

San Francisco based challenger bank for immigrants and the underbanked raised $7.5m in Seed financing from Hillsven Capital and Streamlined Ventures.

“There are very few services in the U.S. that allow non-U.S. citizens to open accounts without a Social Security number, so our focus is not only giving them the best cross-border digital banking service, but one that is also very tightly integrated into a credit platform. Anyone opening a bank account with us is eligible for a whole bunch of credit products,” Mittal told TechCrunch.

Tags

financing, immigrants