Greenlight is a fintech company that makes a debit card for kids and a mobile app that empowers parents with convenient controls to safely manage family finances and create teachable moments around earning, spending, saving and giving.
Greenlight is on a mission to empower parents to raise a generation of financially-smart kids.
Greenlight was founded in 2014 by Tim Sheehan, John Hagelgans and Johnson Cook. The company is based at Georgia Tech's Advanced Technology Development Center in Atlanta, GA
Greenlight is easier and more flexible than cash, with parental controls that allow families to manage exactly where, and how much their kids can spend.
Greenlight Financial Technology's offers a groundbreaking personal finance product, Greenlight®, is the world's first debit card for kids with patent-pending technology that enables parents to choose the exact stores where their children can spend. The Greenlight Card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.
Greenlight is backed by Drive Capital, JPMorgan Chase, Wells Fargo, TTV Capital, Relay Ventures, NEA, Amazon, Ally Financial, SunTrust Bank and Synchrony Financial among others. The company raised $54M in its latest "Series B" financing on Sep 16, 2019. This brings Greenlight's total funding to around $81.6M to-date.