Greenlight Now Valued At $1.2B Following $215M Series C

Greenlight Financial Technology helps parents teach children how to save with its app and debit card products. Now the Atlanta-based company has a new cash infusion to do even more while propelling it into unicorn status.

Crunchbase reports that the fintech company secured a $1.2 billion valuation after closing on $215 million in Series C funding led by Canapi Ventures and TTV Capital with participation from new investors BONDDST GlobalGoodwater CapitalFin VC and Relay Ventures. The new investment gives Greenlight approximately $297 million in total funds raised since the company was founded in 2014, according to Crunchbase data. That includes a $54 million Series B led by Drive Capital in 2019.

Read more: Crunchbase