February 21, 2018Blog Posts

Greenlight Raises $16M for Kids’ Debit Card


Greenlight Financial Technology, the startup behind an app and debit card for kids and college students, has raised $16 million in a Series A funding round joined by SunTrust Bank, Ally Financial and the Amazon Alexa Fund.

Atlanta-based Greenlight combines a “smart” debit card with an app to help kids improve their financial literacy while giving parents controls on spending. After a 30 day free trial, the service costs $4.99 a month per family, covering cards for up to five children.


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