Greenlight Hits 10,000 Customers In Its First 5 Months And Raises $7.5 Million To Accelerate Growth

Greenlight Financial Technology, Inc., creator of  Greenlight: the smart debit card for kids, today announced $7.5 million in seed financing. The funding round was led by Relay Ventures with participation from Social Capital, New Enterprise Associates (NEA) and TTV Capital. Greenlight also announced that the company has added its 10,000th paying customer following its January 2017 launch and is on track to process over 1,000,000 transactions this year. Greenlight plans to use this injection of funding to accelerate its growth and fulfill its mission of delivering safe, simple, and family-friendly financial products worldwide. Greenlight is also expanding its team and hiring for several positions in engineering, marketing and customer service.