Check out the pitch deck Maza used to get Andreessen Horowitz to lead its $8 million seed round to help immigrants access financial services in the US
, Maza sets itself apart with its focus on identity verification for immigrants who otherwise would not have access to basic financial services. On Maza, customers open a bank account by verifying their identity online through an international passport check. Then, once the account is approved and open, a customer will automatically get a individual taxpayer identification number, or ITIN, that can be a substitute for a social security number for many other services.
Maza's main revenue driver is its ongoing subscription pricing for premium banking, which costs around $150 a year. Customers will have access to Maza's banking services, which include card services, check deposit, and tax services. The company also has partnerships with US credit card companies and loan servicers, like Capital One and Wells Fargo, that its customers can sign up for after opening a Maza account.
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