An OS for Immigration – Amir Hemmat, CEO, WelcomeTech
Description
Amir Hemmat is Co-Founder and CEO of Welcome Technologies (Welcome), the “digital Ellis Island '' and future operating system for immigration. Welcome is a venture funded technology platform that is building innovative financial solutions for this cohort, including a digital wallet, to ensure access to previously elusive opportunities and to propel this consumer sector, and our society, forward. Welcome is currently focused on the Hispanic community, the largest immigrant group in the world, through its consumer platform SABEResPODER® (SEP). The platform reaches over 9 million immigrants a year across 50 US markets and connects these consumers to custom financial services. To date, Welcome has raised $50 million from TTV Capital, Owl Ventures and SoftBank’s Opportunity Fund, with participation from Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital.
Prior to Welcome Tech, Amir co-founded an educational platform also called SABEResPODER (SEP). SEP provided informational content to the Hispanic community and produced comprehensive and practical information for navigating life in the United States, including topics such as healthcare, financial services, education, technology, and governmental services. Through SEP, he conducted in-depth market research on the U.S. immigrant market and co-authored educational guides on financial literacy, with millions of copies distributed nationwide.