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November 19, 2020Blog Posts

Daylight partners with Visa and Marqeta to Launch First LGBT+ Digital Banking Platform in the United States

PRWeb

Daylight, the first LGBT+ digital banking platform in the United States today announced its brand launch and participation in the Visa Fintech Fast Track program, which will allow Daylight to quickly access Visa’s global network and resources. Daylight’s flagship products and lifestyle services will be designed to improve financial equality and inclusion for the estimated 30-million-plus Americans who identify as LGBT+.

Led by LGBT+ entrepreneurs and co-founders Rob Curtis, Daylight CEO, and Billie Simmons, Daylight chief of staff, Daylight will offer a holistic set of products, tools and advice to help the LGBT+ community simplify banking and prepare for the future faster.

Daylight’s product is built on Marqeta’s global modern issuing platform. In addition to Visa-branded cards, Visa will work with Daylight to bring financial literacy tools to more LGBT+ people around the world.

Coinciding with launch, Daylight joins Visa’s fintech Fast Track program as the first LGBT+-focused fintech. By joining Fast Track, Daylight is able to easily leverage the reach, capabilities and security that VisaNet, Visa’s global payments network, offers. Daylight joins a standout group of fintechs who are part of the Fast Track program, with many working to bring underrepresented communities access to digital payments, allowing them to pay and be paid in the most seamless way possible no matter where they live. Visa and Daylight’s relationship will also demonstrate LGBT+ inclusivity to the emerging fintech ecosystem.

“Fintechs are playing a critical role in bridging financial gaps and expanding access of financial services to diverse communities around the world,” said Terry Angelos, senior vice president and global head of fintech, Visa. “By partnering with companies like Daylight, we are working to create a more inclusive and accessible financial ecosystem, and will remain committed to creating offerings for those who have long been underrepresented in this sector.”

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