Greenlight has been a pacesetter in serving to younger youngsters and youngsters develop monetary abilities. Its app is used right this moment by greater than six million dad and mom and kids.
Whereas the corporate was historically centered on a direct-to-consumer mannequin, it’s more and more creating partnerships with giant 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 shoppers who’ve eligible accounts will obtain complimentary entry to Greenlight’s debit card and app.
Immediately’s youngsters have the chance to be extra financially savvy than any technology earlier than them. Because the mother or father 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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