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Greenlight Introduces First Educational Investing Platform For Kids
Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart kids, today announced Greenlight Max, the first educational investing platform designed for kids.
In 2017, the company launched a parent-managed debit card and app for kids to teach money management skills. Today, Greenlight serves more than 2 million parents and kids, who have collectively saved $90 million. With the launch of Greenlight Max, the company is now shining a light on the world of investing for parents and kids alike.
Investing is key to building long-term wealth, but it is not inclusive or accessible to many. There continues to be a widening wealth gap and divide in stock market participation — the wealthiest 10% of Americans own 87% of stocks and mutual funds. Many adults don’t know how to get started, and kids are not learning these critical concepts in school, with only 16.4% of children required to take a personal finance class.
“At Greenlight, we know that financially-smart kids will have happier and healthier lives,” said Tim Sheehan, co-founder, and CEO of Greenlight. “Investing is one of the most important pieces of the personal-finance puzzle. That’s why we launched Greenlight Max — so parents can lay the foundation for building generational wealth.”
Greenlight Max is the result of four years of customer feedback and expertise in family financial technology and education. Kids can research stocks with analysis powered by Morningstar, learn from a library of in-app educational content, propose investments with parental approval, and track portfolio performance. The new Greenlight Max plan also includes upgraded safety features like cell phone, purchase and identity theft protection for extra peace of mind and the Greenlight Black Card, along with Greenlight’s suite of core financial tools for earning, saving, spending and giving.
Greenlight Max is available now at greenlightcard.com for $9.98 per month for the whole family, with no transaction fees for investing.
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Attivo Deploys Recordsure’s AI Technology to Evidence Its Ongoing Advice Compliance and Cut File Review Costs
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Digital Euro: Almaviva and Fabrick Selected by ECB
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Cuzdan LLC Partners with PayTabs Group to Power Azerbaijan’s Digital Payments Future
Cuzdan LLC, one of Azerbaijan’s fast emerging financial institutions, today announced the rollout of its new nationwide payment orchestration platform. Powered by PayTabs Group’s award-winning payment orchestration infrastructure, the platform is set to transform Azerbaijan’s payments landscape by enabling merchants and consumers to transact with greater speed, security, and convenience.
EFT Corporation Appoints Adri Führi as Group Chief Financial Officer
EFT Corporation, a leading payment solutions provider operating across African markets, today announced the appointment of Adri Führi as Group Chief Financial Officer, effective immediately.
PayDo Introduces USD IBAN via SWIFT
PayDo has added dedicated USD IBAN accounts to its platform, now available for clients through the SWIFT network. This new feature allows businesses and professionals to receive US dollar payments directly, without delays from intermediary bank checks. At the same time, PayDo has extended its currency support to more than 60 national and regional currencies.
Aditya Bilra Global Trading and Crown Agents Bank Partners to Support Business Expansion Across Africa
Crown Agents Bank (CAB) has collaborated with Aditya Birla Global Trading (formerly Swiss Singapore) to develop tailored financial solutions that support their strategic expansion across African markets.
EXCLUSIVE: “Game Changer” – Andy Lyons, Freemarket in ‘The Fintech Magazine’
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