Adro Raises $1.5M in Pre-Seed Funding to Scale Platform Development and Serve International Students and Workers in the U.S.

Adro's Pre-Seed Funding

Key Highlights:

• Pre-Seed Funding: Adro, a NYC-based fintech company, raised $1.5 million in Pre-Seed funding.
• Investors: Funding round led by Era, with participation from Ex Nihilo Ventures and the Cornell Tech Syndicate.
• Platform Development: Funds will be used to scale the engineering team and accelerate platform development.

Adro's Target Market

• Target Market: International students and workers in need of accessible financial services in the U.S.
• Financial Services for Internationals: Offering checking and savings accounts, debit and credit cards, and partial reimbursement on international money transfers.
• Building Credit: Helping customers start building credit from the day they arrive in the U.S.

What Adro Needs to Buy

• Engineering Talent: Hiring experienced engineers to scale the team and accelerate platform development.
• Partnerships with Financial Institutions: Collaborating with banks and financial institutions to provide checking and savings accounts, debit and credit cards.
• Marketing and Customer Acquisition: Services to support marketing efforts and customer acquisition in the international student and worker market.