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

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Greenlight has been a frontrunner in serving to younger youngsters and youngsters develop monetary abilities. Its app is used in the present day by greater than six million mother and father and kids.

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

Yesterday, we discovered 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.

At present’s youngsters have the chance to be extra financially savvy than any technology earlier than them. Because the mum or dad of two youngsters, I can say with confidence that apps like Greenlight assist educate 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 clients. That is one other instance of fintech making a distinction.


> U.S. Financial institution companions with Greenlight Monetary Expertise

thepaypers.com

U.S. Financial institution has partnered with Greenlight Monetary Expertise, a household fintech firm that goals to assist mother and father increase financially literate youngsters.


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  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media firm targeted on fintech. Peter has been writing about fintech since 2010 and he’s the creator and creator of the Fintech One-on-One Podcast, the primary and longest-running fintech interview sequence.



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