As we honor Hispanic Heritage Month (September 15 to October 15), it's vital to recognize not only the cultural richness and growing economic power of Hispanic Americans, but also the systemic barriers to financial inclusion that persist. Despite making outsized contributions to the U.S. economy, many Hispanic individuals and families face limited access to the financial tools and credit products that fuel upward mobility.
A growing economic force
Latinos in the U.S. generated $4.1 trillion in GDP in 20231, outpacing many global economies in growth rate and resilience. Latino purchasing power reached $2.7 trillion1, surpassing the economies of entire U.S. states. Yet credit and financial access remain disproportionately out of reach for many in this vibrant community.
The inclusion imperative
Barriers such as limited credit history, lack of access to affordable credit, and lower approval rates for loans continue to affect Hispanic consumers and entrepreneurs. These disparities prevent millions from realizing their full financial potential—and create missed opportunities for financial institutions to deepen engagement with an influential, underserved market.
Because financial inclusion isn’t just an initiative—
it’s vital to sustainable growth.
How Array helps close the gap
Array is an embedded fintech platform that enables financial institutions, fintechs, and digital brands to deliver modular, private-labeled fintech tools—including credit building, monitoring, identity protection, debt management, and more—directly within their digital experiences.
For Hispanics disproportionately affected by financial exclusion, Array helps organizations meet them where they are—with tools that are intuitive, accessible, and impactful: .
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BuildCredit Account: Enables users to build credit history with all three bureaus—without needing to take on traditional debt or navigate complex application processes.
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My Credit Manager: Offers transparent, educational credit monitoring, empowering users to understand and influence their credit score trajectories.
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Debt Navigator: Helps users optimize repayment strategies across credit card, student loan, and personal loan debt, increasing financial resilience.
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Student Loan Aid: Simplifies access to income-driven repayment plans—particularly beneficial for Latino borrowers, who often carry disproportionate student debt burdens2.
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Identity Protect + Privacy Protect: Protects vulnerable populations from identity theft and online exposure—crucial for groups more likely to be targeted or underserved by traditional protections.
Array’s solutions can be tailored to support Spanish-speaking users, helping organizations deliver inclusive, accessible experiences that resonate across diverse communities.
Driving business outcomes with purpose
Beyond social impact, financial institutions and fintechs that embed wellness-focused tools experience stronger engagement, deeper loyalty, and increased revenue. Consumers who feel supported in their financial health are five times more likely to adopt additional products from their institution3.
With embedded offers and measurable improvements in customer lifetime value and digital engagement, Array helps clients grow wallet share while delivering tangible outcomes for consumers.
A call to action
Financial services providers have both a responsibility and an opportunity: to be the partners Latinos deserve. By embracing Array’s embedded solutions that drive meaningful impact across a consumer’s financial life, providers can create inclusive experiences that drive trust, loyalty, and long-term financial health.
Because financial inclusion isn’t just an initiative—it’s vital to sustainable growth.
1 UCLA Newsroom, April 2025
2 The Student Loan Default Divide: Racial Inequities Play a Role, Pew, April 2025
3 Financial Health Network, 2019
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Editorial Note: This content is the author’s opinion, expression, and/or recommendation(s).
Marcela Velasquez is an Account Executive at Array with over six years of experience in the credit services industry. She works closely with credit repair businesses, credit education platforms, and DIY credit providers to help them launch and grow their own branded credit monitoring and financial wellness tools powered by Array.
Marcela is passionate about empowering entrepreneurs with the tools to increase client engagement, build recurring revenue, and create long-term financial impact. She brings a consultative, goal-oriented approach to every partnership—working hand-in-hand with clients to bring their financial vision to life.
Marcela is passionate about empowering entrepreneurs with the tools to increase client engagement, build recurring revenue, and create long-term financial impact. She brings a consultative, goal-oriented approach to every partnership—working hand-in-hand with clients to bring their financial vision to life.