Pana, founded by former Head of Digital Banking at Scotiabank for LatAm, is a cross-border challenger bank focused on the 62 million Hispanics in the USA. The company's core mission is to provide accessible financial services to this underserved population. Pana offers products such as US bank accounts that can be opened online without an SSN and nearly real-time remittance services to Latin America, Europe, and the Philippines at competitive rates. Their vision is to empower the Hispanic community with seamless digital banking solutions.
Notable figures in Pana include co-founders and team members from prominent companies like Rover, Rappi, and Mercado Libre, who have firsthand experience with the challenges of migrating to the USA. Pana has achieved significant milestones, including serving over 10,000 active users and offering additional services like legal consultations, tax advisory, ITIN number processing, and AT&T phone plans. Their impact lies in bridging financial gaps for the fastest-growing Hispanic population in the United States.
