By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CryptoCommunityCryptoCommunity
  • Home
  • General
  • Blockchain
  • Crypto
  • DeFi
  • Metaverse
  • NFT
Search
  • BTC
  • ETH
  • USDT
  • USDC
  • BNB
  • BUSD
  • ADA
  • XRP
  • SOL
  • DOGE
  • DOT
  • MATIC
Reading: Children’s financial app Greenlight signals next app iteration with family safety features
Share
Aa
CryptoCommunityCryptoCommunity
Aa
  • Home
  • General
  • Blockchain
  • Crypto
  • DeFi
  • Metaverse
  • NFT
Search
  • Home
  • General
  • Blockchain
  • Crypto
  • DeFi
  • Metaverse
  • NFT
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
CryptoCommunity > Blog > General > Children’s financial app Greenlight signals next app iteration with family safety features
General

Children’s financial app Greenlight signals next app iteration with family safety features

admin Published October 12, 2022
Last updated: 2022/10/12 at 5:32 PM
Share
SHARE

[ad_1]

Greenlight Financial Technology, a venture-backed fintech company focused on providing a debit card, banking app and financial education to children, added another layer to its subscription plan with the introduction of family safety features.

Greenlight Infinity, priced at $14.98 per month for the whole family, includes location sharing to see where anyone in the family is and do check-ins; SOS alerts to emergency contacts and/or 911 with one tap; and crash detection with automatic 911 dispatch wherein if a crash is detected while driving, driver and trip information is provided to emergency services.

Tim Sheehan, co-founder and CEO of Greenlight, explained that the driver for the new features aimed at safety was simply, “you need to know where your kids are and want to keep them safe.”

“I like the way we implemented the SOS alerts where you can choose to notify your family or the emergency services,” he added. “And if you click the SOS button and don’t choose whether to notify family or emergency services, they’ll just notify both by default. It’s so if you are in a really dangerous situation and can’t make that second decision.”

Along with that is the Greenlight Savings Reward, where teens can earn 5% on their savings.

Last year, the Atlanta-based company served more than 3 million parents and kids, and that has now increased to more than 5 million, according to the company.

It has also raised about $556.5 million in total funding since Greenlight was founded in 2014, according to Crunchbase data. This includes a $260 million Series D round in 2021 that doubled the company’s valuation to $2.3 billion.

Greenlight is not alone in turning venture capital heads toward the financial literacy for children and parents space. For example, last year, teen digital banking service Step raised $200 million in a Series C round and this week borrowed $300 million in debt financing to launch a crypto investing feature. Similarly last month, Stack raised $2.7 million for its cryptocurrency education and trading app.

 

[ad_2]

You Might Also Like

Revyze is building the TikTok of educational videos

YouTube ends the test asking users to get a premium subscription to watch 4K videos

Who is going to buy Cadillac’s $300,000 hand-built EV?

Don’t let today’s software rally improve your mood

Daily Crunch: Kanye West reaches agreement to acquire social media platform Parler

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
admin October 12, 2022
Share this Article
Facebook TwitterEmail Print
Share
Previous Article After selling his last startup to Google, this founder now wants to automate mundane tasks with Relay
Next Article Stellar Advances 6% In Last 30 Days – Can XLM Shine This Week?

Latest News

earn bitcoins fast
How to earn bitcoins fast
crypto
Cryptocurrency is a Scam or Not
How to Tell If a Cryptocurrency is a Scam or Not
crypto
Losing In Cryptocurrency Trading
Tips to Avoid Losing In Cryptocurrency Trading
crypto
Sell Products Online with Bitcoins
How to Sell Products Online with Bitcoins – The Ultimate Guide
crypto

You Might also Like

Revyze is building the TikTok of educational videos

6 Min Read

YouTube ends the test asking users to get a premium subscription to watch 4K videos

2 Min Read

Who is going to buy Cadillac’s $300,000 hand-built EV?

4 Min Read

Don’t let today’s software rally improve your mood

1 Min Read

Crypto Community

  • Home
  • Crypto Calculator
  • Blog
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions

Real time Cryptocurrency

  • Crypto Prices
  • Dogecoin price
  • Shibainu coin price
  • Bitcoin Price
  • Cardano Price
  • Litecoins Price

Cryptocurrency Price USD

  • Bitcoin price USD
  • Ethereum price USD
  • Tether price USD
  • BNB Price USD
  • Cardano Price USD
  • Solana Price USD
  • Peps coin Price USD
  • floki inu Price USD
  • SIA coin Price USD
CryptoCommunityCryptoCommunity
Follow US

© 2022 Cryptos Community All Rights Reserved. All logos and images used on this website are registered trademarks of their respective companies. All Rights Reserved. Cryptos Community is not liable for inaccuracies, errors, or omissions found herein. For the removal of copyrighted images, trademarks, or other issues, Contact Us. 


Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?