Children’s debit card provider Greenlight is valued at $1.2bn after raising $215m in funding from a host of investors, though none of its corporate backers participated this time.
Greenlight Financial Technology, a US-based provider of child-friendly bank accounts backed by corporates including Amazon and multiple financial institutions, has raised $215m in funding, TechCrunch reported yesterday.
Canapi Ventures, TTV Capital, Bond, DST Global, Goodwater Capital and Fin VC provided the capital, which increased Greenlight’s valuation to $1.2bn.
Greenlight offers a debit card aimed at children, designed to teach them about responsible money management. The card is managed through a mobile app by a parent or guardian, who controls where…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
