John Scrofano
Co-Founder and Managing Partner at Perpetua Fund
John Scrofano is Co-Founder and Managing Partner at Perpetua Fund and also works at Remitly.
Majority raises $19 million seed round to scale immigrant-focused neobank nationally
Several digital banks focused on U.S. immigrant communities are scaling up, with Majority raising $19 million in seed funding to expand nationally and hire staff. Majority offers a $5/month FDIC-insured account with a Visa prepaid card, unlimited remittances, and international calling, and is opening physical community meet-up centers.
Remitly Reports 40% Volume Spike and Tripled New Customers as TransferWise Holds Steady Amid 19.7% Global Remittance Decline
Remitly and TransferWise have seen customer growth and expanding services as migrants shift to digital channels despite the World Bank’s prediction of a nearly 20% drop in global remittances; Remitly reported a 40% volume increase from February to March and tripled new customer growth in May year-over-year.
Organizations
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Perpetua Fund Co-Founder and Managing Partner 2025–present · current
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Routable Chief Operating Officer 2024–2025, VP of Growth 2022–2024 · past
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Remitly Vice President of Passbook 2020–2022, Director of New Initiatives 2018–2020 · past
Education
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Indiana University - Kelley School of Business B.S., Finance, Entrepreneurship, Real Estate
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Indiana University Bloomington B.S., Finance, Entrepreneurship, Real Estate
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St. Xavier HS
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Princeton
