# MAJORITY

MAJORITY is an other based in Los Angeles, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** majority.com
- **LinkedIn:** https://www.linkedin.com/company/majorityfilm

## Regulatory record

- **CRD number:** 110891
- **SEC file number:** 801-57151
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/110891

## About

MAJORITY is an SEC-registered investment adviser since 2000. The firm manages approximately $37 million in regulatory assets. It has 1 employee and 1 investment adviser.

## Sectors

- FinTech

## Questions

### How does MAJORITY source its members?

MAJORITY relies on community-driven acquisition, primarily through its physical MAJORITY Club locations in cities such as Houston, Dallas, and Miami. These spaces function as event venues and onboarding centers, building trust with immigrant communities. Digital marketing and referrals complement the club model, with a specific focus on Nigerian, Ghanaian, and broader West African diaspora networks.

### Does MAJORITY hold a banking license?

No, MAJORITY is a financial technology company, not a chartered bank. Member deposits are FDIC-insured through its partner institution, Axiom Bank, N.A. This structure allows MAJORITY to focus on customer acquisition and product experience without the capital and regulatory requirements of a full banking license.

### What is MAJORITY's revenue model?

MAJORITY charges a flat $5.99 monthly membership fee for its core bundle of banking, remittances, and international calling. Additional revenue comes from debit card interchange fees. The company explicitly avoids charging overdraft fees, minimum balance fees, or fees on incoming international transfers.

### Which countries does MAJORITY's remittance service cover?

MAJORITY supports money transfers to over 20 countries, with an initial focus on routes to Nigeria and Ghana. The service is integrated into the same mobile application used for the bank account and calling features, and the firm has publicly committed to not charging fees on these transfers.

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Last updated: 2026-06-03T20:00:00.000Z

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