A financial platform allows you to cash checks and send remittances without fees.

Given the uncertainty and fear generated by ICE raids, immigrants in the United States are afraid to go out and go to the store to cash their checks or send money to their loved ones. This is in addition to the high fees for remittances, which are now even risky.

Prospero is a financial platform that allows immigrant families to carry out transactions without leaving home, such as cashing their checks and sending remittances, especially in these times.

Salvador Chávez, Co-Founder, Prósperos, Palo Alto, CA, recalls his story of what he saw when his father arrived in the US and how he suffered from not having access to financial services.

Salvador Chávez founded Prósperos precisely for this reason, living at home with his father, who, like many immigrants, loses money in commissions and is even robbed.
He recalls that this was the reason for creating Prósperos.

Salvador Chávez, Co-Founder, Prósperos, Palo Alto, CA, explains how this financial project works.

If you already have the app, you can cash your checks.

Salvador Chávez adds that a third step is to have a card linked to your account in Mexico.

In addition, you can track the use of your money in Mexico.

Salvador Chávez explains the impact on working families who are using this app.

He says the family is happy to use money.

Salvador Chávez says one benefit is that they use the card to make payments, but if they make cash withdrawals, there is a charge.

He says that when they send remittances to Mexico, for example, the dollars are exchanged at the current exchange rate.

He comments that they are working with farmers in California’s Central Valley so they can access these accounts in Prósperos to use and send remittances without losing money.

They have consulting services to help users on this platform.

They made the app simpler and are also partnering with community organizations to bring these types of products to immigrants.

He says that now that sending remittances is more risky, it’s an important tool.

He assures that opening an account is easy since you only need your consular registration number, ITIN, or social security number, a purchase of the app from mobile stores, and your phone.

If you have any questions, you can contact the Prosperos app assistants at 831 595 9848.