Maza

Maza is a neobank that serves immigrants through a mobile app, with a specific focus on Latin and Spanish-speaking communities. It enables individuals to open a US bank account, inclusive of a debit card, and obtain a tax identification number using their passport, without requiring a social security number. Maza charges USD 149 to open an account and also automatically renews a customer’s financial identity documents.

Customers can utilize the account for everyday banking to access credit, receive payments from employers, as well as file taxes. The app also integrates with major payment platforms including PayPal, Zelle, Venmo, and CashApp.

Key customers and partnerships

The company provides its banking services in partnership with Blue Ridge Bank. As of June 2023, it had 50,000 active members.

Fundings and financials

Maze raised USD 8 million in Seed funding in June 2023, led by Andreessen Horowitz. The company, however, did not disclose the use of proceeds.