Neobank Zolve offers immigrant customers mobile plans 

Zolve, a neobank for immigrants entering the US, has launched its own branded mobile phone plan service. 

The Zolve app already offers new arrivals to the US a FDIC-insured bank account, and a high-limit credit card, but now the organisation is teaming up with telecom-as-a-service platform Gigs to launch its own mobile-service catered to the demographic. 

Users will now have the ability to activate their phone plan in the Zolve app with just a few taps, allowing immigrants to circumvent traditional bereuacratic measures such as providing an address, or a social security number. 

Raghunandan G, CEO, Zolve, said: “For expats seeking access to financial services or a SIM card in the US, the process has traditionally been time-consuming, complicated, and overwhelming. 

“However, by enriching our suite of financial products with our own phone plan, we can significantly simplify the lives of the international community and transform the Zolve app into a launch pad for global ambitions.” 

The firm says that its new service coupled with its current platform will now provide expats with two essential needs from one body, allowing them to transition to life in the US smoothly. 

The company claims it is the world’s first fintech to introduce its own mobile virtual operating network. 

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