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Overview
Good Money is an eco-friendly bank that offers checking, debit cards, and a rewards program. It donates 50% of profits to environmental and social causes and avoids financing harmful industries. Each card swipe supports Rainforest Trust to protect the Amazon, and customers can earn equity in Good Money through the rewards program. Its goal is to provide fee-free, accessible banking that aligns profits with environmental conservation and social justice.
About Good Money
Industries
Fintech
Social Impact
Financial Services
Company Size
11-50
Company Stage
Series A
Total Funding
$30M
Headquarters
San Francisco, California
Founded
2018
Simplify's Take
What believers are saying
- Customers gain $300 annually and $100,000 long-term net worth boost.
- Fee-free banking with FDIC-insured checking and high-yield savings.
- Pioneers customer-owned digital banking via referrals and deposits.
What critics are saying
- GreenFi erodes differentiation with larger user base in 12-24 months.
- 50% profit pledge caps reinvestment, deteriorating unit economics in 18-30 months.
- Rainforest Trust scandals trigger customer churn in 24-36 months.
What makes Good Money unique
- Good Money invests 50% profits into environmental and social justice causes.
- Partners with Rainforest Trust to save 10 trees per card swipe.
- Offers equity rewards, granting customers ownership stakes upon signup.
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Funding
Total Funding
$30M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Growth & Insights
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↓ -2%There are no jobs for Good Money right now.
Find jobs on Simplify and start your career today
About Good Money
Industries
Fintech
Social Impact
Financial Services
Company Size
11-50
Company Stage
Series A
Total Funding
$30M
Headquarters
San Francisco, California
Founded
2018
There are no jobs for Good Money right now.
Find jobs on Simplify and start your career today