Photo: Photo by Karolina Grabowska in Pexels / Pexels
In an interview for Real America News we spoke with Carlos Hernandez CEO and founder of Crediverso, the first digital platform that offers Hispanics in the United States Financial advice in both English and Spanish . It is the first credit verification service for those who prefer or want to manage their finances completely in Spanish.
The mission of Crediverso is educational, with personalized financial products that is intended to serve more than 62 millions of Hispanic consumers who live or have businesses in the United States . Statistics indicate that these Hispanic consumers are 2 or 3 times more likely to not have a service in their language in traditional banking.
Traditional banks in the United States dedicate less than 4% of their budget to marketing for the Latino community in the country . Language is the main barrier for these consumers to approach banking, even for them to understand how to make their economy work better. While US banks offer a minimum service in the Spanish language.
Who is the Crediverso service aimed at
- To the Hispanic-American public, that is, more than
- To the undocumented Hispanic immigrant who wishes to apply for a credit card.
What type of services does Crediverso offer:
- Credit check in Spanish.
- Free education, blogging and financial advice.
- Build good credit.
- Loans, offers the user to compare the main loans and find the one that best suits their finances.
- Credit cards, teaching the consumer to obtain the credit card that suits him best. And in the future create the Crediverso Credit Card.
- Financial vocabulary dictionary.
- International shipping of remittances and supplier tariff comparison market.
For this, Crediverso counted with a team of experts in finance, of national renown who have created educational guides and useful on how to manage in the financial field . In addition, the idea of this company is, among other things, to correct the products that financial institutions offer, so that they are also aimed at Latino clients, says Hernández.
With regard to remittances, which is an important market in the United States, we are talking about a global market that has a value of more than 700 billion dollars annually, does not have a good comparison of exact rates between the providers of this service.
The market of Crediverso remittances, allows consumers to compare, with high technology, exchange rate prices of shipments and costs to send money to Latin America safely . For this they work together with Western Union, Money Gram, Remitly, Wise, Worldremit, XE, Ria and Skrill.
Crediverso was founded in 2020 and in the future aspires to become a financial institution, but for the moment they provide advice to existing banks in the country and work together to improve their care and service to the Spanish-speaking community.
To access Crediverso, only you must register on their page crediverso.com , registration is 100% free and you only need an email address .
In ten years the expectation of growth of the Latin American community within the States United is that it reaches 90 million people and by then financial institutions are expected to give it the importance that This group of migrants is worthy of.