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Latino entrepreneurship fuels US growth

Industry News
Sunday 5th July, 2026 A Stanford report finds Latino-owned businesses added 180,000 firms and nearly one million jobs from 2017–2023, driving revenue growth and preventing a net decline in U.S. business creation. This gives Wise a chance to talk about cross-border money tools and how low-cost, transparent payments support growing Latino entrepreneurs and their international ties in the US and UK.
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Stanford finds Latino-owned businesses are driving US firm creation and jobs—this affects cross-border payments and remittances where Wise can share data on Latino customer flows and business account trends.

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