MAJORITY
Majority is a mobile banking app for immigrants, with 238 employees. It raised $133M in a Series B in May 2024, with backing from Valar Ventures and Avid Ventures.
The growth story
MAJORITY grew from 82 to 238 employees between 2021 and 2026, raising $133M along the way, most recently a Series B in May 2024.
About
Majority provides a mobile banking app tailored for immigrants, offering cross-border money management tools. The platform serves users who frequently move between countries and need financial services that work across borders.
The company has grown to 238 staff since its 2019 founding. Its $133M Series B suggests strong investor confidence in its niche market approach, though headcount growth rates aren't disclosed.
Founders and leadership
Engineering is the largest function with 26 employees. The leadership team includes founders with financial technology experience, though specific roles aren't detailed in the data.
The MAJORITY org chart
Magnus Larsson (CEO & co-Founder) leads 42 mapped leaders with 6 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Sales 39 (-5% YoY), Customer Success and Support 37 (+32% YoY), Engineering 35 (-5% YoY), Finance 32 (-11% YoY), Product Management 13 (-13% YoY), Information Technology 12 (+9% YoY).
Talent flow
Many employees come from cross-border payment firms like Rebtel (12 hires) and Western Union (3). Alumni frequently move to fintech and mobility companies, with Rently and Spotify each taking 4 former staff.
Most common previous employers of MAJORITY staff: Rebtel (12), Tele2 (3), Western Union (3), Anoto (2), LATAM Airlines (2), PayPal (2). Former MAJORITY employees most often moved to Rently (4), Spotify (4), Nexi (3), DoorLoop (2), Epiroc (2), Uber (2).
Alumni worth knowing
The MAJORITY mafia
Alumni have founded 9 companies, including rental platform Rently (52 staff) and investment firm Innovest Afrika (14 staff). Two founders came from Majority to start Rently.
10Emeric M., was Head of Product Design until 2023Tarik Stafford, was iOS Developer until 2021Femi Moito, was Head Of Sales Africa until 2023Huck Rocca, was Head of Online Sales and CRM until 2025Yi Li, was Head Of Customer Acquisition and Growth (Rebtel sister company) until 2020Hampus Öhman, was UX Research until 2020
Jonathan Frisk, was Chief Product Officer & Co-founder until 2026
Aldrin Coto, was Brand Manager until 2024
Odin Lund, was Marketing Advisor until 2024
Hiring now
Web traffic
Traffic mix: 34% direct, 34% search, 3% social, 16% paid.
What this company is made of
Most common skills at MAJORITY: Customer Service (59), Communication (46), Teamwork (42), Microsoft Excel (41), Analytical Skills (37), Project Management (37), Microsoft Office (37), Leadership (35).
Where the team actually sits
MAJORITY people are concentrated in Florida, United States (29), Stockholm County, Sweden (28), Greater Stockholm Metropolitan Area (11), United States (7).
Search footprint
MAJORITY attracts about 25,440 organic search visits a month, traffic worth roughly $335K a month if bought through ads. It gained 5,157 ranking keywords and lost 5,043 in the last period.
What employees say
- Compensation
- 3.30 / 5
- Career opportunities
- 3.30 / 5
- Senior management
- 3.40 / 5
- Work-life balance
- 3.30 / 5
Frequently asked
MAJORITY has 238 employees as of September 2026.
MAJORITY has raised $133M in total, most recently a Series B round in May 2024.
MAJORITY was founded in 2019 by Magnus Larsson, Johan Granlund.
Magnus Larsson (CEO & co-Founder) sits at the top of MAJORITY's reporting structure, with 6 direct reports.
The most common previous employers of current MAJORITY staff are Rebtel (12 people), Tele2 (3 people), Western Union (3 people).
Former MAJORITY employees most often move to Rently (4), Spotify (4), Nexi (3).
At least 9 companies have a founder who previously worked at MAJORITY, including Rently, Innovest Afrika, Intellica.
MAJORITY attracts about 25,440 organic search visits a month, worth roughly $335K a month in equivalent ad spend.
The most common skills among MAJORITY staff are Customer Service, Communication, Teamwork, Microsoft Excel, Analytical Skills.
MAJORITY staff are concentrated in Florida, United States (29), Stockholm County, Sweden (28), Greater Stockholm Metropolitan Area (11).
MAJORITY has about 39 people in Sales, down 5% over the past year, as of September 2026.
MAJORITY has about 37 people in Customer Success and Support, up 32% over the past year, as of September 2026.
Computed from 104 current and 192 former MAJORITY profiles, as of September 2026. Source: Crustdata.
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