Greenlight is an online banking app designed for families to learn about money management together. With over 6 million users, parents and kids can send and receive money instantly, set up direct deposits, and track savings goals. The app offers flexible parent controls for kids and teens, allowing them to learn about investing and earn rewards. Real-time spending notifications, automated allowances, and financial literacy games are some of the features that help families navigate real-world money decisions.

The app has been recognized by reputable sources like The New York Times and Parents Magazine for its ability to facilitate conversations about money and values. Users praise Greenlight for its ease of use and effectiveness in teaching kids financial responsibility. The app offers different plans to cater to various family needs, ranging from basic debit card services to additional benefits like cash back, savings rewards, and protection plans. Families can choose a plan that suits their financial goals and preferences.

Greenlight provides round-the-clock assistance for users and emphasizes privacy rights and data protection. The app is not a bank but partners with Community Federal Savings Bank to offer banking services. Users can access features like location sharing, crash detection, and protection plans depending on their chosen plan. Greenlight aims to empower families to manage money effectively and promote financial literacy among kids and teens.