Greenlight is a fintech platform that helps families manage money by combining a debit card for kids, a credit-building option, and investing tools in one app. Parents can fund allowances and set up chores or direct deposits, and kids use the card for spending. The app encourages saving with a savings feature that offers up to 5% and lets families set savings goals, while an investing platform lets families research stocks and ETFs to grow long-term wealth. It also offers a credit card that earns up to 3% cash back, with cash back automatically invested to fund future expenses like college. Parents can add teens as authorized users to help them build credit before age 18. Greenlight earns revenue through subscription plans (Greenlight Max and Infinity) that unlock additional wealth-building features. Overall, the goal is to teach children and teens about saving, investing, and responsible spending while helping families grow money safely.
Company Size
501-1,000
Company Stage
Series D
Total Funding
$595.6M
Headquarters
Atlanta, Georgia
Founded
2014
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