Pana Finance
S. send, receive, and hold USD funds with instant, free transfers between Pana users. S.
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Immigrants in the U.S. often face delays, high fees, and bureaucratic hurdles when sending remittances or managing their finances across borders. Traditional money transfer services can be slow, while opening a U.S. bank account or obtaining essential documents like an ITIN is complex and time-consuming for newcomers without a Social Security Number.
Solution
Pana provides a mobile financial platform that lets users send, receive, and hold USD funds with instant, free transfers between Pana users. The app offers a U.S. deposit account that supports direct deposit for paychecks, and users can top up instantly via Apple Pay, Google Pay, or linked payment apps. Pana simplifies the immigrant financial journey by also offering ITIN application assistance, AT&T mobile plans, and affordable U.S. health plans, all within one ecosystem. With support in English and Spanish, Pana aims to serve as a comprehensive financial companion for newcomers.
Target Audience
Primary customers are immigrants and newcomers to the U.S., particularly Latin American communities, who need accessible banking, remittance, and settlement services.
Features
- Instant, free USD transfers between Pana users, with funds available immediately
- U.S. deposit account with direct deposit support for faster paycheck access
- Ability to add money instantly via Apple & Google Pay, and connect to PayPal, CashApp, and other apps
- Personal QR payment link for receiving payments
- ITIN application assistance without leaving home
- AT&T SIM card provisioning, allowing users to keep or choose a new number
- Affordable U.S. health plan options
- Bilingual (English/Spanish) customer support team