Fintech Nexus E-newsletter (June 7, 2024): US Financial institution and Greenlight staff up for for teen financial institution accounts

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Fintech Nexus E-newsletter (June 7, 2024): US Financial institution and Greenlight staff up for for teen financial institution accounts


Greenlight has been a frontrunner in serving to younger youngsters and youngsters develop monetary expertise. Its app is used right this moment by greater than six million dad and mom and kids.

Whereas the corporate was historically targeted on a direct-to-consumer mannequin, it’s more and more creating partnerships with massive banks to speed up its development.

Yesterday, we realized of one other partnership, this time with a top-ten financial institution, U.S. Financial institution. The financial institution’s purchasers who’ve eligible accounts will obtain complimentary entry to Greenlight’s debit card and app.

Immediately’s children have the chance to be extra financially savvy than any technology earlier than them. Because the guardian of two youngsters, I can say with confidence that apps like Greenlight assist educate younger children sound monetary habits.

My children already know far more about managing than I did at their age and that’s largely due to these apps.

I applaud U.S. Financial institution for taking the initiative right here and making this free for his or her prospects. That is one other instance of fintech making a distinction.


> U.S. Financial institution companions with Greenlight Monetary Know-how

thepaypers.com

U.S. Financial institution has partnered with Greenlight Monetary Know-how, a household fintech firm that goals to assist dad and mom increase financially literate youngsters.


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