Greenlight has been a frontrunner in serving to younger kids and youngsters develop monetary expertise. Its app is used at the moment by greater than six million dad and mom and youngsters.
Whereas the corporate was historically centered on a direct-to-consumer mannequin, it’s more and more growing partnerships with massive banks to speed up its progress.
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.
At the moment’s youngsters have the chance to be extra financially savvy than any era earlier than them. Because the father or mother of two youngsters, I can say with confidence that apps like Greenlight assist train younger youngsters sound monetary habits.
My youngsters 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.
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