New entrants continue to launch into teen banking. Greenlight is an early entrant into the space, focusing on the financial interactions parents have with their kids. Greenlight has now extended its offering into investing.
Greenlight Max is a fractional brokerage integrated into the app that allows kids, along with their parents, to make investments in stocks and ETFs. CEO Tim Sheehan joins me on the podcast to discuss the new product and the type of feedback Greenlight is getting from its 2 million users.