Relay Ventures leads $7.5 mln seed funding of Greenlight Financial
Greenlight Financial Technology Inc, an Atlanta, Georgia-based developer of a smart debit card for kids, has raised US$7.5 million in seed-stage financing. Canadian venture capital firm Relay Ventures led the round, which also saw participation from Social Capital, New Enterprise Associates and TTV Capital. With the investment, Relay Partner Alex Baker joined the board. Founded in 2014, Greenlight reported that it is on track to process more than 1,000,000 transactions this year. It will use the funds raised to accelerate growth, in part by expanding its engineering, marketing and customer service teams.
2 June 2017•4 mins read
