Microwd is a Madrid-based social fintech that lets ordinary people invest from as little as 50 euros into microloans for women entrepreneurs across Latin America. It pairs field agents on the ground in Nicaragua, Mexico, Peru and Costa Rica with an online platform where investors fund roughly $1,000, one-year loans at interest rates it says run well below the local microfinance market. The pitch is unusual for the space: not charity, but a for-profit business that claims both financial returns for investors and measurable social impact for borrowers.
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.