Draft:Greenlight Financial Technology

Greenlight Financial Technology, Inc.
Company typePrivate
IndustryFinancial technology
Founded2014; 10 years ago (2014)
FoundersTim Sheehan and Johnson Cook
Headquarters
Atlanta
Websitegreenlight.com

Greenlight Financial Technology, Inc. is a financial technology company that provides a debit card and money application for kids and parents.

Overview edit

Greenlight was founded in 2014 in Atlanta by Tim Sheehan and Johnson Cook.[1] Greenlight helps kids learn to earn, save, spend wisely, and invest while the parents can set up flexible spending limits and get real-time purchase alerts.[2]

Greenlight has raised about $550 million in total venture-backed capital since its inception and has over 6 million customers.[1][3]

Greenlight also offers 'Level Up' an interactive, curriculum-based financial literacy game in the Greenlight app.[2]

Greenlight partners with banks, credit unions and employers.[4]

Awards and achievements edit

  • July 2023: Greenlight Named The Wall Street Journal’s Best Overall Debit Card for Kids and Teens[5]
  • September 2023: Greenlight Wins Good Housekeeping 2023 Best Parenting Award[6]
  • September 2023: Greenlight Wins Real Simple 2023 Smart Money Award[7]
  • June 2023: Greenlight Named to 2023 Forbes Fintech 50 List of Most Innovative Fintech Companies[8]
  • August 2021: Greenlight ranked #30 in the 2021 Inc. 5000 list of the fastest-growing private companies in America[9]
  • June 2021: Greenlight Named to 2021 Forbes Fintech 50 List of Most Innovative Fintech Companies[10]

References edit

  1. ^ a b Haverstock, Eliza. "With Debit Cards And Investing For Kids, Fintech Startup Greenlight Doubles Valuation To $2.3 Billion". Forbes. Retrieved 6 March 2024.
  2. ^ a b Hall, Christine (2023-08-08). "Greenlight's new credit card helps teens, their parents build credit together". TechCrunch. Retrieved 6 March 2024.
  3. ^ Azevedo, Mary Ann (2021-04-27). "Kids-focused fintech Greenlight raises $260M in a16z-led Series D, nearly doubles valuation to $2.3B". TechCrunch.
  4. ^ PYMNTS (2023-11-15). "PSECU and Greenlight Team to Promote Financial Literacy". PYMNTS.com. Retrieved 6 March 2024.
  5. ^ "Why Greenlight's Debit Card Is Our Favorite for Kids and Teens". www.wsj.com. Retrieved 28 March 2024.
  6. ^ "We Tested Hundreds of Products to Find Our 2023 Best Parenting Award Winners". Good Housekeeping. 12 September 2023.
  7. ^ "Smart Money Awards: Best New Financial Apps and Services 2023". Real Simple.
  8. ^ "Company Overview & News". Forbes. Retrieved 28 March 2024.
  9. ^ "Inc. 5000 Fastest-Growing Private Companies in America". INC.com.
  10. ^ Haverstock, Eliza. "The Future Of Personal Finance: Fintech 50 2021". Forbes.