Adro

Today, we're thrilled to announce Adro has reached a new milestone, with a $1.5M pre-seed funding round led by Era, along with participation from Ex Nihilo Ventures and the Cornell Tech Syndicate. Read more: https://lnkd.in/g67e3F3S cc: Amarildo Gjondrekaj, Sara Schmitt, Kevin DeArmond

This week, COO Sara Schmitt is speaking and exhibiting at NAFSA: Association of International Educators (NAFSA Region XI) in Hartford, Connecticut! If you're in the area, connect with Sara directly (DMs are open!) to learn about our student and scholar-friendly US checking, savings and credit accounts for newcomers to America.

We're thrilled to announce that Adro is teaming up with Shorelight to give international students easier access to US banking products. 🌎🎓 By signing up to Adro from their home country, they'll be able to spend in US dollars upon arrival, right from Day 1. Shorelight is a world leader in providing comprehensive support services to international students, with a market presence in over 200 countries. We're excited to work together to equip international students with the tools and support they need to succeed academically and financially in the US. https://lnkd.in/e82yEjU6

Last week, Adro COO Sara Schmitt presented at NAFSA: Association of International Educators Region X conference alongside Bolu Oluwadiya (IELTS Official), Leigh Lane Peine ([ECE] Educational Credential Evaluators, Inc.) and Cheryl DarrupBoychuck (FundsV) on both the high-tech and low-tech ways to stay ahead of academic credential, ID, and financial document fraud. Catch Sara on the road for the remainder of October: • Oct 16 to 17, Boston Fintech Week • Oct 16, Hult International Business School (Cambridge, MA) • Oct 25, Cornell University (Ithaca, NY) • Oct 27 to 30, NAFSA Region XI (Hartford, CT) • Oct 30, Quinnipiac University (New Haven, CT) If you work with international students and workers moving to the US, and you'd like to learn more about Adro's no-fee checking, savings and credit card, connect with Sara, Cristina Linares or Kevin Hannan directly.

If you want to be the best Fintech, being compliant is a key driver of trust, and long-term success. Today I had the pleasure of interviewing Gino Tieppo, a Payments and Restructuring Lawyer, Director, Assistant General Counsel at Marqeta , who also serves as an advisory board member at Adro. We discussed Adro's mission and how they’re not only solving key issues for international students in the U.S. but also ensuring compliance at every step. 📊 Every year, approximately 300,000 international students arrive in the U.S., facing barriers when accessing basic financial services due to a lack of a Social Security number or U.S. credit history. Without this, everyday tasks like renting an apartment or opening a bank account become major challenges. 💡 Enter Adro , a New York-based fintech working to solve this issue while prioritizing a rock-solid compliance framework. Co-founded by Amarildo Gjondrekaj, Sara Schmitt, and Kevin DeArmond, Adro partners with universities to help international students set up their financial profiles before they even arrive. What sets Adro apart is their deep commitment to being 100% compliant with financial regulations, ensuring their services are “kosher” from both a legal and regulatory standpoint. #FinTech #InternationalStudents #Payments #Compliance #BankingInnovation #Adro #FinancialInclusion #Marqeta #KosherFinance

It's been a whirlwind at the NAFSA: Association of International Educators Region X conference in Atlantic City! Adro COO Sara Schmitt has been on-site all week. Check out our postcards for newcomers to the US, and reach out to Sara directly if you work with international students and want to learn more about our no-fee checking, savings and credit card.

To be approved for a US visa, internationals need to submit a lot of information upfront. So why do they have to do it all over again when trying to access banking services? Our mission is to make opening a US account easier for newcomers. To help us launch quickly and securely, we chose Synctera for our compliance, banking, and payments infrastructure. Read more: https://lnkd.in/eqk3B2Ye

After a successful beta this summer, Adro has officially launched its no-fee US checking and savings accounts, along with the 1% cashback Adro World Mastercard 🚀 With features like $0 fees on inbound international wire transfers and no SSN required for sign up, Adro makes it easier for newcomers to open their first US dollar accounts and credit card. So far, we've already had sign ups from 110 countries, including international students representing 300+ US schools . We're incredibly grateful for the support, and are always looking for feedback and new ideas from our customers. To read our full release: https://lnkd.in/d6wJPVfB #fintech #financialinclusion #internationalstudents

Another great event during #UNGA and #NYClimateWeek with The Nest Climate Campus yesterday hosted by the Consulate General of Italy in New York. It was an amazing opportunity to better understand about all the ways sustainability is impacting our society across all sectors, including financial services! If you're an organization supporting internationals coming to the US and would like to learn more about Adro, reach out to Sara Schmitt, Amarildo Gjondrekaj, or Kevin Hannan directly 🚀.

It's United Nations Week in New York City! 🗽 Adro COO and Co-founder Sara Schmitt attended USA for UNHCR's annual #Innovate4Refugees Forum. Attendees included tech innovators, nonprofit leaders, academics and corporate partners united by a common interest in humanitarian and data science innovations for refugees. We're excited to lend our skills and expertise in the finance space to help refugees resettling in the US, and the organizations that support their journey. If you'd like to chat, reach out to Sara Schmitt or Kevin Hannan directly.