Amazon Alexa Fund and several financial services providers have invested $16m in Greenlight, the creator of a smart debit card for kids.
US-based smart debit card developer Greenlight Financial Technology secured $16m on Wednesday in a series A round that included e-commerce and cloud computing firm Amazon’s Alexa Fund.
Fintech-focused venture capital firm TTV Capital led the round, which also featured financial services firms SunTrust Bank, Ally Financial and NBKC Bank as well as Canapi, New Enterprise Associates (NEA) and Relay Ventures.
Founded in 2014, Greenlight has created a smart debit card for use by children, teenagers and students that enables parents…