SUMA Wealth

SUMA Wealth, a 3-year-old fintech company that combines culturally relevant content and experiences with financial tools to help Latinos build wealth, raised $2.2 million in new funding. Sumas approach includes a lot of colorful, food-themed video and gaming content thats useful and funny. The company has seen 62 annual user growth. Suma also works with big banks like JPMorgan Chase and Wells Fargo to reach Latino customers. The fintech platform is monetizing its partnerships with several leading brands, including dating app Match.com. The latest funding round was led by Radicle Impact, which was joined by Vamos Ventures, OVO fund, and the American Heart Association Impact fund. They joined previous backers Ulu Ventures, Female Founders Fund, and Chingona Ventures. The new round brings Sumas total funding to $8.8 million.