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Cheese raises $3.6M for its digital bank aimed at the Asian-American community Many things have accelerated in the world of fintech over the past year, not the least of which is the trend of digital banks aimed at specific communities in the U.S. In the past few months alone, a number of neobanks targeting the Black and Latinx communities have emerged. Most recently, we covered the $5 million raise of one such bank First Boulevard. Today, Cheese announced the launch of its digital banking platform that is aimed at primarily serving the Asian-American community. Co-founder and CEO Ken Lian came to the United States from China in 2008 to attend college. In the years after his move, Lian said he paid thousands of dollars in bank fees and got rejected “multiple times” for basic bank accounts, despite having a FICO score over 800.

Zhen wangUnited statesChan shenSpencer rascoffJimmy wongAdam nashQingyi liCoastal community bankCheese giveback fundMoolah scienceWedbush venturesOperate ventureஜென் வாங்ஒன்றுபட்டது மாநிலங்களில்ஹான் ஷென்ஜிம்மி வோங்