ATLANTA, Dec. 7, 2021 /PRNewswire/ — Greenlight® Money Know-how, Inc. (“Greenlight”), the fintech company on a mission to assistance mother and father elevate financially-good young ones, today introduced many key govt hires to additional accelerate the company’s swift progress as it surpasses $100M in ARR with extra than 4.5 million dad and mom and little ones.
“The expansion of our management group is a important move in direction of our following phase of progress,” explained Tim Sheehan, co-founder and CEO of Greenlight. “Brian, Sameera and Will deliver priceless working experience in creating and working earth-class companies to Greenlight as we carry on on our mission to shine a mild on the world of revenue for millions far more family members.”
Greenlight additional the next people today to its management crew:
- Brian Dong, Main Economical Officer: Brian joins Greenlight from Goldman Sachs where he served as Running Director in the Expense Banking Division, advising Technological innovation firms this kind of as Apple, eBay, Square and Qualcomm for a lot more than a ten years on funding, strategic investment and M&A transactions. Brian also advised clientele on many superior-profile general public offerings including IPOs for Tesla and Twitter, as properly as top Coinbase’s $98 billion direct listing. As CFO, he will direct Greenlight’s financial and cash markets strategies as the enterprise continues on its substantial-advancement trajectory.
- Sameera Rao, Chief Know-how Officer: Sameera joins Greenlight with far more than 20 years of engineering management experience. Most not too long ago, he was Head of Customer Engineering at PayPal, where by he led international engineering teams across PayPal consumer products and solutions like the Flagship PayPal Tremendous Application, Invest, Crypto, P2P and more, powering billions in earnings. As CTO, Sameera will oversee engineering, together with product or service advancement, safety, infrastructure and IT as Greenlight proceeds to scale and incorporate extra fiscal expert services to its platform.
- Will Yu, Chief Working Officer: Will brings far more than a ten years of operational leadership experience scaling high-progress, undertaking-backed technological know-how firms to Greenlight. He joins Greenlight from authentic estate fintech Cadre, wherever he led finance and operations for the company. As COO, Will will generate operational excellence to help Greenlight’s fast advancement while overseeing shopper success, threat management and compliance.
“Greenlight pioneered the household finance group and carries on to stand out as the market chief with its mission-driven manufacturer, most effective-in-course product or service and outstanding expansion,” said Brian Dong, Main Monetary Officer of Greenlight. “The alternatives forward for Greenlight are huge and I’m thrilled to be section of the crew.”
The management appointments arrive on the heels of history-setting development and growth from Greenlight. The company has surpassed $100 million in annualized recurring profits and extra than doubled its consumer base within the earlier calendar year. Now, Greenlight serves a lot more than 4.5 million moms and dads and youngsters, who have collectively saved just about $200 million and invested a lot more than $10 million in the direction of their financial futures. Greenlight has lifted around $550 million to-date, closing its $260 million Series D spherical led by Andreessen Horowitz in April, which enhanced the firm’s valuation to $2.3 billion.
Greenlight carries on to guide the family members finance group with sector-to start with new products and solutions and partnerships. The firm grew to become the first of its form to supply kids and teens fiscal incentives for sensible cash administration with 1% Income Again to Discounts and 2% Greenlight Price savings Reward. Greenlight also unveiled an academic investing system for mom and dad to invest in their kids’ long run, expanding its featuring to serve the total household. The company proceeds to collaborate with the world’s premier monetary institutions and technological innovation businesses, together with JPMorgan Chase and most not long ago, Morgan Stanley and Amazon, rising its distribution to empower tens of millions additional parents to elevate economically-sensible young children.
Greenlight has been extensively identified as a person of the fastest-developing organizations, most not long ago ranked no. 23 on the 2021 Deloitte Know-how Rapid 500, no. 30 on the 2021 Inc. 5000 record as properly as being named to the 2021 CB Insights Fintech 250 and Forbes Fintech 50 lists.
Greenlight Money Engineering is the household fintech firm on a mission to help parents elevate fiscally-intelligent youngsters. Its groundbreaking products, Greenlight, is an all-in-one particular income management platform purpose-created for households, comprehensive with a debit card and companion app. Mom and dad can automate allowance, handle chores, set versatile invest controls, and commit for their kids’ futures. Youngsters and teens master to generate, conserve, expend wisely, give, and invest with parental acceptance.
The Greenlight Card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard Worldwide. Greenlight Expense Advisors, LLC (GIA), an SEC Registered Expense Advisor, presents expenditure advisory expert services to its customers. Investing will involve possibility and may incorporate the decline of cash. For much more information and facts, you should take a look at: www.greenlight.com.
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