U.S. Bank formed a partnership with Greenlight Financial Technology, a family fintech company, to provide an innovative banking solution for families.
Eligible U.S. Bank clients will now have complimentary access to Greenlight’s debit card and money app. U.S. Bank is the first financial institution to offer Greenlight through an embedded mobile app experience, leveraging Greenlight’s new software development kit.
“U.S. Bank has a long-standing commitment to powering the potential of our clients and communities through financial education. For families, there is no better way for kids and teens to build confidence and money skills than with hands-on experience,” Tim Welsh, vice chairman of consumer and business banking at U.S. Bank, said. “Our partnership with Greenlight revolutionizes how our clients can teach their kids about money, by providing trusted and proven financial tools that create positive money habits.”
“At Greenlight, we’re always looking for new ways to help more young people develop healthy financial habits for a better future,” Tim Sheehan, CEO and co-founder of Greenlight, said. “Partnering with U.S. Bank allows us to bring Greenlight to millions of new families, preparing the next generation with the financial knowledge, skills and confidence they need.”
