Suma
Broadcasting · California, United States · 1-10 Employees
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Overview
Headquarters
309 E 8th St, Los Angeles, California, 9...Website
www.sumawealth.comRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Suma
SUMA is a digital platform to teach the Latinx Community how to build and sustain wealth. SUMA is a revolutionary financial inclusion brand that inspires, informs and empowers the Latinx community. Suma uses the holistic approach of digital media, fin-tech and virtual experiences to spice up dry and complex topics of investment, debt management, and creating and sustaining wealth. Most importantly, they translate these topics to the global community of Latinx individuals. By creating culturally relevant content, virtual experiences, and providing financial tools the company want to demystify and reimagine financial inclusion. Through entertainment they aim to become the trusted source to help the Latinx community both overcome current financial challenges, and create a more prosperous future. SUMA was founded by an experienced team of entrepreneurs, financial professionals and socially minded change agents with a track record of successfully building iconic brands for Latinx audiences.Read more
Suma Org Chart
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Company Profile Activity
Activity Insights
Suma is experiencing very low activity levels compared to other companies in the Media & Internet sector.
What does this means?
Suma is drawing exceptional interest within the Media & Internet industry, suggesting notable developments or strong market momentum, learn more about Suma.
Suma financials insights
Gather financial insights about Suma, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2021
Other Financing Round
$2M
2024
Other Financing Round
$2.2M
Angel/Seed
$3.2M
Suma Tech Stack
A closer look at the technologies used by Suma
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Most Recent Scoops
Mergers & Acquisitions (M&A)
Mergers & Acquisitions, Acquisitions, Mergers
Funding
Funding
Project
Spending/Investment
New Hire
Executive Move
Daniela Corrente has assumed the role of Chief Strategy & Business Officer. Corrente previously served as Chief Executive Officer of Reel.
Funding
Suma News & Media
Wells Fargo and SUMA Wealth Launch Jefa Business Bootcamp, Equipping Latina Entrepreneurs With Tools and Knowledge to Build and Scale Their Business in Honor of Hispanic Heritage Month
LOS ANGELES--(BUSINESS WIRE)--In celebration of Hispanic Heritage month, SUMA Wealth, the fastest-growing financial technology company devoted to increasing prosperity for young U.S. Latinos and their families, and Wells Fargo today announced the launch of the Jefa Business Bootcamp, an educational program designed to provide Latina entrepreneurs with the tools and resources they need to build and grow successful businesses. ‘Jefa’ translated means ‘girl boss’ in Spanish, and through the Jefa BSuma Wealth Secures $7 Million to Fuel Latino Entrepreneurs and Enhance Financial Tools ...
With the purchase of the AI company, the fintech aims to make financial education accessible to the Latino population.SUMA Wealth grabs $2.2M as its financial platforms reach 1M users
SUMA Wealth’s platforms have seen 62% annual user growth, while revenue increased nearly five times in the past year. © 2024 TechCrunch. All rights reserved. For personal use only.SUMA Wealth Acquires Reel and Names Former CEO Daniela Corrente as Chief Strategy and Business Officer
Latina-led Fintech companies merge to help close the wealth gap LOS ANGELES, Feb. 7, 2023 /PRNewswire/ -- SUMA Wealth, the category-creating financial technology company devoted to increasing prosperity, opportunity, and financial inclusion for young U.S. Latinos, announced its...
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SUMA is a digital platform to teach the Latinx Community how to build and sustain wealth. SUMA is a revolutionary financial inclusion brand that inspires, informs and empowers the Latinx community. Suma uses the holistic approach of digital media, fin-tech and virtual experiences to spice up dry and complex topics of investment, debt management, an... Read More
