Acevedo: 60% of educated Latinos remain underbanked in the US
Beatriz Acevedo · HIBT Lab! mitú and SUMA Wealth: Beatriz Acevedo · Dec 15, 2022 · at 31:03
Beatriz Acevedo, founder of SUMA Wealth, addresses the trust deficit and low banking penetration among educated Latinos.
0:00 / 0:13exact quote · 13.9s
720p mp4 · rendered on demand · StarZero watermark
“So even when Latinos are in the workforce, even when they have college degrees, They're still 60% not fully banked or not fully utilizing the financial services of this country”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Beatriz Acevedo
Acevedo: mitú board rejected DTC monetization to preserve VC view metrics
“So whenever I would bring up to my board, hey, should we be doing direct-to-consumer anything? Should we be charging one dollar for premium content that people could not get enough of? The answer immediately was absolutely not. You cannot disturb those numbers…”
Acevedo: Translating fintech apps into Spanish alienates young US Latinos
“That's the last thing you need to be doing because that sends a very powerful message that that's not for them, that that's for their parents or grandparents.”
Acevedo: Hollywood executives refused to hire Latino talent brought directly to them
“Even if heads of networks and studios would say, we can't find the Latinos, and you would bring them to them, they would Still not hire them.”
Acevedo: Multi-channel network economics broke when YouTube enabled direct creator monetization
“The model of an MCN, or the model when you are on rented territory, for the lack of a better word, you're on YouTube, you're on Facebook, those algorithms change, those rules change. Also, your economics, talking about business model, because when we launched,…”