Ouro Announces $275,000 Gift to 2024 State Teachers of the Year in Multi-Year, Multi-Million Dollar Pledge
May 01 2024 - 4:50PM
Business Wire
Financial empowerment firm celebrates exceptional educators'
roles in shaping future generations and transforming lives for the
better
Ouro, a global financial services and technology innovator,
today announced a $275,000 gift honoring the 2024 Teachers of the
Year. From the 2024 National Teachers of the Year event on Tuesday
evening, Ouro CEO and Co-founder Roy Sosa presented the gift,
explaining the 55 teachers to earn the recognition this year will
each receive a $5,000 gift from Ouro. The gift marks the first in a
multi-year, multi-million dollar commitment from Ouro.
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Ouro CEO Roy Sosa and a 2024 honoree
visit at the 2024 National Teachers of the Year event April 30
where Sosa presented Ouro's $275,000 gift. Each of the 55 teachers
to earn the recognition this year will receive $5,000. (Photo:
Business Wire)
The State Teachers of the Year represent exceptional educators
across U.S. states, territories, the District of Columbia, and the
Department of Defense Education. The 2024 State Teachers of the
Year cohort represents the best in the field of education,
demonstrating outstanding commitment to their students, their
communities, and the pursuit of excellence in teaching.
“Teachers are often the unsung heroes, working long hours with
few resources, but the lives you touch and the values you instill
last long into the future. I urge you to take a moment to reflect
on the immense power and potential of your work, and to feel a deep
sense of pride in the difference you make every single day," said
Roy Sosa in his remarks.
Ouro is the global financial technology firm created when Rêv
and Netspend joined together a year ago to reignite innovation in
financial services and financial empowerment for consumers
worldwide. Roy Sosa and brother Bertrand Sosa founded both
companies and started Netspend in 1999 from their one-bedroom
apartment with $750. Netspend pioneered prepaid debit for
underserved consumers across the U.S. Ouro's financial products and
services now span prepaid, debit, cross-border payments, and
loyalty solutions.
Sosa shared his own story of the teacher who helped shape his
life, describing how she inspired him to be a better version of
himself at a pivotal time when he was still adjusting to a new life
in the U.S., saying “Every child’s life you change resonates
throughout the communities they grow up in, throughout the people
they’ve yet to meet, and throughout the future they have yet to
embark upon. Your work transforms lives for the better and inspires
our aspiration to do the same.”
About Ouro
Ouro is a global, vertically integrated financial services and
technology company dedicated to the delivery of innovative
financial empowerment solutions to consumers worldwide. Ouro's
financial products and services span prepaid, debit, cross-border
payments, and loyalty solutions for consumers and enterprise
partners. Since its founding in 1999 by industry pioneers Roy and
Bertrand Sosa, Ouro products have processed almost a trillion
dollars in transaction volume and served millions of customers
worldwide. The company is headquartered in Austin, Texas with
regional offices across the world. For more information, visit
ouro.com.
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Meredith DeSpain mdespain@legendlabs.com