Nearly half of American families have no retirement savings at all according to the Economic Policy Institute. The figure is even lower for Hispanic families with some estimating as few as one in four Latino families has a retirement account. That is why Carlos Garcia started Finhabit.
Finhabit is an app that comes in both English and Spanish and helps users start saving for retirement. Garcia wanted to start this product after his own personal experience. Garcia grew up on the Texas-Mexico boulder and despite being taught the importance of working hard, his parents did not display retirement saving habits. So even when Garcia started his first job at Merril Lynch, he was still behind. Garcia missed out on 2-years of saving for his 401K with a company-matching program because he had never heard of something like that.
Garcia says Finhabit has been growing by 100% each month and feels strong about future growth. The hope is to both educate Latinos and set more families about for secure financial futures.
Hear from Gabino & Stephen Roche on Saphyre’s institutional AI platform that centralizes pre‑ and post‑trade data, redefining settlement speed and accuracy.
Elon Musk’s X has reached a tentative settlement with former employees of the company then known as Twitter who’d sued for $500 million in severance pay.
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Explore how Guident’s cutting-edge software is shaping the future of autonomous vehicles with CEO Harald Braun. Safety, control & AI at the wheel of innovation.
