Sara Schmitt, Chief Operating Officer and co-founder of Adro, has been selected for the Nasdaq Entrepreneurial Center's Milestone Makers Fall 2024 cohort, a testament to Adro's significant role in the fintech sector and its mission to facilitate financial services for international students and workers relocating to the United States. The Milestone Makers program, known for its selectivity, supports founders whose companies align with the United Nations' 17 sustainable development goals, offering them mentorship and resources over a 12-week period to achieve key business milestones.
Schmitt's selection is a nod to Adro's innovative approach to addressing the financial challenges faced by international newcomers to the U.S. The company's launch of no-fee checking, savings, and credit card products specifically designed for this demographic underscores its commitment to financial inclusion. This initiative fills a critical market gap, as international students and workers often encounter barriers to accessing traditional financial services upon their arrival in the U.S.
The program's conclusion features a graduation ceremony in New York City's Times Square, where participants are showcased on the Nasdaq building, providing Adro with unparalleled visibility. Schmitt's participation in the program is expected to leverage the Nasdaq network's extensive reach and expertise, furthering Adro's mission and scaling its impact. With a background that includes significant experience at Epic, an MBA from Cornell University, and roles at Amazon, Schmitt brings a depth of knowledge and leadership to Adro and the program.
Adro's recent achievements, including a $1.5M pre-seed round and selection for the 2024 Hudson Valley Venture Hub Accelerator at SUNY New Paltz, reflect its rapid growth and industry recognition. The company's focus on financial inclusion for internationals aligns with broader trends in global mobility and economic integration, making its participation in the Milestone Makers program a pivotal moment in its journey. For more information on Adro's initiatives, visit https://www.adro.com.
This recognition not only validates Adro's innovative solutions but also emphasizes the importance of financial inclusion in achieving sustainable development goals. As Adro continues to expand its services, the mentorship and resources from the Nasdaq Entrepreneurial Center will be instrumental in refining its strategies and enhancing its contribution to financial accessibility for international students and workers in the U.S.
