Greenlight waves in Wells Fargo to raise $260m

Apr 28, 2021 • Jordan Williams

Wells Fargo Strategic Capital was among the investors in a series D round valuing the child-focused banking platform developer at $2.3bn.

Greenlight Financial Technology, a US-based provider of bank accounts for children, raised $260m in series D funding yesterday from investors including financial services firm Wells Fargo’s Strategic Capital unit.

The round valued the company at $2.3bn and was led by venture capital firm Andreessen Horowitz, while TTV Capital, Canapi Ventures, Bond, Fin VC, Goodwater Capital, Wellington Management, Owl Ventures and LionTree Partners also participated.

Founded in 2014, Greenlight provides a money management platform and debit card for children that can…

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