Welcome Tech –Leveraging Immigrants the Resources Needed to Thrive in a New Country

The world is in the midst of a digital transformation in all aspects of life. Zoom in further to the immigration arena: governments are attempting to keep pace with this movement and are growingly replacing in-person and in-country processes with online systems. However, the rapid growth of digitized systems has often resulted in workflow delays, technical issues and process-related problems that often hinder foreign nationals’ ability to start assignments on time. The growth of online systems in governments’ immigration systems so far shows the potential for more streamlined immigration processes once implementation glitches are ironed out. This can lead to greater efficiencies for foreign nationals and businesses, governments will likely continue to face the problems of outdated technological infrastructure systems and the resulting processing disruptions in the short-term. Notably, employers and foreign nationals should work with their immigration provider to comply with changing process steps and shifts in administrative burdens in the immigration process (from employers to foreign nationals, or vice-versa).

Welcome Tech is the world’s first digital platform to provide the global, multigenerational immigrant community with the linguistically and culturally relevant resources to thrive in a new country. Welcome Tech’s unparalleled consumer insights, first-party data, and proprietary technology inform affordable, fair, and best in-market custom solutions across key services. The company’s initial and highly reputable immigrant platform, SABEResPODER currently serves millions of Hispanics. Welcome Tech, a recognized and trusted brand in the immigrant community, supports this critical segment of the U.S., and is growing exponentially, serving nearly three million active users. The company is building innovative solutions and offerings for this cohort, both in language and in culture, that demystify and create access to previously elusive opportunities such as financial, healthcare, and educational resources.

Providing World-Class Data-Driven Services for Immigrant Communities

Secure Operating System for Immigrants: Welcome Tech prioritizes privacy and security. They leverage military-grade and financial service-level encryption to protect the data of their members. With over 9M immigrants interacting with their platform every year, Welcome Tech has the largest collection of proprietary data in the country reflecting the needs of the immigrant community. They’ve built highly relevant services based on these unique insights. Millions of immigrants are underbanked, unbanked, and lack credit scores, being forced to spend upwards of $50B annually on predatory financial services. They are solving this crisis with machine learning technology, relevant financial education and tailor-made services.

SABEResPODER: Welcome Tech's commitment to improving the lives of immigrants and their families is deeply rooted in both the co-founders' and the brand's histories. Its initial consumer-facing brand, SABEResPODER, meaning Knowledge is Power, is a widely recognized and trusted immigrant platform in the U.S., providing educational resources to the Hispanic community. Welcome Tech evolves the SABEResPODER services model by building critical products and solutions to better address this expanding sector. Welcome Tech leverages data and technology to provide trusted information and tailored services to immigrant communities. Manage your money with confidence that you will not be charged monthly, minimum, or overdraft. PODERcard complies with banking security standards to protect your personal and financial information. Stop worrying about whether you will be able to pay your bills on time.

With PODERcard and ASAP Direct Deposit ™, your salary is credited to your account up to two days in advance. PODERcard comes to you through SABEResPODER, the largest Latino digital community in the US Take advantage of the empowerment platform created especially for you. The account and Visa card, PODERcard, aim to help close the banking gap for immigrants and will be offered first to U.S. Hispanic consumers. According to the most recent FDIC National Survey, less than 50 percent of U.S. Hispanic households are "fully banked". Aiming to change that statistic for the better, PODERcard offers affordable financial services and an experience geared toward making it possible for this community to enter the financial system and access banking services tailored to them.

The Formidable Leader

Amir Hemmat is the co-founder, President and Chief Executive Officer of Welcome Tech.

“At Welcome Tech we are using our proprietary data and technology to build a platform that addresses critical needs of our immigration system and propels society forward.”