Kids-focused fintech Greenlight raises $260M in a16z-led Series D, nearly doubles valuation to $2.3B

29 Apr, 2021

Kids-focused fintech Greenlight raises $260M in a16z-led Series D, nearly doubles valuation to $2.3B
Photo by Vu Nguyen on Unsplash

– Greenlight, a fintech company that pitches parents on kid-friendly bank accounts, has raised $260m in a Series D funding round.
– The funding comes just months after the Atlanta-based startup landed $215m in funding at a $1.2bn valuation.
– With the latest round, Greenlight has now raised more than $550m since its 2014 inception.
Andreessen Horowitz led the Series D, which also included participation from returning backers TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, BOND, Fin VC and Goodwater Capital, as well as new investors Wellington Management, Owl Ventures and LionTree Partners.
– Since it launched its debit cards for kids in 2017, the company has managed to set up accounts for more than 3 million parents and children, who have saved more than $120m through the app.

Debit Cards Financial Services FinTech North America Payments
Crunchbase icon

Content report

The following text will be sent to our editors: