# Común

> Común is a New York-based digital bank built Spanish-first for immigrants in the United States. It offers an FDIC-insured checking account, a Visa debit card, low-cost cross-border remittances, Zelle access, and one of the largest cash-deposit networks in the country - all openable without a Social Security number. Founded in late 2021 by Mexican immigrants Andrés Santos and Abiel Gutiérrez, Común set out to fix the financial exclusion they experienced firsthand, and it has grown into one of the fastest-growing consumer fintechs serving the Latino community.

- **Founded:** 2021
- **Headquarters:** New York, New York, United States
- **Founders:** Andrés Santos (Co-founder & CEO), Abiel Gutiérrez (Co-founder & CTO)
- **Team size:** Approximately 98 employees
- **Products:** FDIC-insured checking account, Visa debit card, International remittances, Cash deposit network, Zelle and P2P transfers
- **Notable:** Raised $21.5M Series A in August 2024, less than nine months after a $4.5M seed round., Surpassed $1 billion in annualized payment volume., Grew monthly revenue roughly 50x in the first six months of 2024.

## Products & services

- **FDIC-insured checking account** — A US checking account that can be opened without a Social Security number, with no minimum balance and no monthly or membership fees.
- **Visa debit card** — A debit card tied to the account for everyday spending, with real-time notifications and the ability to freeze the card from the app.
- **International remittances** — Low-cost money transfers to family across 17 Latin American countries, a core use case for the community.
- **Cash deposit network** — Access to roughly 100,000 cash deposit and withdrawal locations across the US, one of the largest such networks available.
- **Zelle and P2P transfers** — Instant peer-to-peer payments and Zelle integration for moving money quickly.
- **Spanish-first mobile app** — A user-friendly app built in Spanish with 24/7 multilingual customer support and ITIN assistance.

## Achievements

- Raised $21.5M Series A in August 2024, less than nine months after a $4.5M seed round.
- Surpassed $1 billion in annualized payment volume.
- Grew monthly revenue roughly 50x in the first six months of 2024.
- Averaged about 52% month-over-month active customer growth since launch.
- Described by investors as one of the fastest-growing consumer fintech companies with superior unit economics.

## Latest updates

- **2024-08** — Closed a $21.5M Series A led by Redpoint Ventures to expand banking for US immigrants.
- **2023-12** — Announced a $4.5M seed round and detailed its local-banking approach for Latino immigrants.

## Links

- Website: https://comun.app
- LinkedIn: http://www.linkedin.com/company/comun-app
- Twitter/X: https://twitter.com/comunbanking
- Instagram: https://www.instagram.com/comun/
- Facebook: https://www.facebook.com/comunbanking
- TikTok: https://www.tiktok.com/@comun

---

Profile page: https://yespress.io/com-n
Published by YesPress — https://yespress.io
Last updated: 2026-06-07