Champions of equitable economic policies that create opportunities and resources for wealth building in the Latinx community, LatinoProsperity will add a critically important voice to leading fintech association

Community Advisory Board serves as an important voice of leading consumer groups, CDFIs, and academic leaders within AFC to help further promote responsible innovation

Washington, D.C. (July 24, 2024) – The American Fintech Council (AFC), the leading industry association representing responsible fintech companies and innovative banks, is excited to announce that LatinoProsperity, a national nonprofit organization championing equitable economic policies for the Latinx community, has joined its Community Advisory Board (CAB). This collaboration will leverage the strengths of both organizations to promote financial inclusion and responsible fintech innovation.

“We are delighted to welcome LatinoProsperity to our Community Advisory Board and eager to continue our collaboration with their founding President and CEO, Orson Aguilar,” said Phil Goldfeder, Chief Executive Officer at the American Fintech Council. “LatinoProsperity's commitment to advancing economic equity for the Latinx community aligns perfectly with AFC’s mission to support responsible fintech innovation. Together, we can create impactful solutions that foster financial wellness and intergenerational wealth-building.”

LatinoProsperity is a Latinx-led organization dedicated to advancing equitable national, state, and local policies through targeted research and strategic advocacy. The organization envisions a thriving US economy where Latinos build intergenerational wealth and is driven by the voices and experiences of Latinx community members, academics, and leaders from various sectors. LatinoProsperity believes that responsible fintech policies are essential for the economic advancement of Latinos, and its participation in AFC's Community Advisory Board will enhance its efforts.

“Joining the American Fintech Council’s Community Advisory Board is a significant step for Latino Prosperity,” said Orson Aguilar, President and CEO of LatinoProsperity. “We are eager to collaborate with leading fintech companies to ensure that the Latinx community benefits from transparent and responsibly regulated financial technologies. This partnership will amplify our impact and help us achieve our vision of economic equity. Additionally, we look forward to working alongside other esteemed members of the Community Advisory Board who are leaders in their fields.”

In order to help AFC guide the fintech industry as a force of responsible innovation that reaches underserved communities, the AFC established a Community Advisory Board of consumer advocacy, CDFIs, and academic organizations. AFC recently announced that the Aspen Institute Financial Security Program had joined founding members including the Woodstock Institute, Capital Good Fund, and Accion Opportunity Fund in addition to many others.

The collaboration between AFC and LatinoProsperity will create numerous opportunities for both organizations to share knowledge and resources. 

About LatinoProsperity

LatinoProsperity is a national nonprofit organization focused on advancing equitable economic policies that create opportunities and resources for wealth-building in the Latinx community. With a vision of a thriving US economy where Latinos build intergenerational wealth, LatinoProsperity utilizes targeted research and strategic advocacy to achieve its goals. The organization is led by Latinx individuals and informed by the experiences of the community it serves.