Trez, the first U.S. Latine payroll platform company, is reshaping the financial landscape for Latine businesses in America.
Trez
Recognized by notable institutions like Techstars, Forbes, Inc., and Stanford GSB, Trez provides specialized payroll, benefits, and financial services solutions.
The platform is specifically designed to support the burgeoning Latine business community.
Trez emerges at a crucial time when Latine-owned businesses, contributing $500 billion in annual sales and millions of jobs, are becoming vital in the U.S. economy.
According to the Bureau of Labor Statistics, Hispanics will constitute 78% of the new workforce entrants between 2020 and 2030.
With over 4.5 million Hispanic-owned businesses employing over 2.9 million people, Trez strategically positions itself to enhance these entrepreneurs’ operational efficiency and growth potential.
“This inspiring achievement demonstrates the power of national Latino conglomerates and leaders who have paved the way for Latino creators to serve the fastest-growing segment in the US, the Hispanics,” said Gustavo Suarez, Co-Founder and CEO of Trez.
Their Newest Ventures
Further fortifying its mission, Trez proudly unveiled its Board of Advisors, an extraordinary collective of global executives.
This strategic move underscores Trez’s commitment to driving national economic growth with tailored solutions for Latine businesses and employees.
The Advisory Board, under Suarez’s leadership, boasts a diverse group of individuals.
Esteemed members like Felipe Bayon, Rita Mitjans, Guillermo Diaz Jr., Lili Gil Valletta, Maria Eugenia Rey Renjifo, and Maria Rios bring a wealth of experience from various sectors, enhancing Trez’s strategic vision.
As Trez gears up for a $3 million seed round in Q1/Q2 2024, its status as a Techstars Portfolio Company backed by JP Morgan signals a promising future.
