Greenlight Financial Technology operates an app-based platform and debit card that allows children to manage money with parental oversight. The platform includes parental controls for merchant restrictions, allowance and chore management, savings accounts, and savings goals. Parents can set spending limits and control interest paid into kids' savings. The Greenlight debit card is issued by Community Federal Savings Bank and is FDIC insured. The company has more than 500,000 family members using the platform. Founded in 2014, Greenlight plans to use new funding to add additional educational features to its mobile app.

Total raised

$54M

Funding rounds

1

Latest round

Series B

Latest activity

Sep 2019