Alkami & Greenlight Team Up for Youth Banking
Hey Digital Banking Fanatic!
In recent years, the FinTech landscape has made one thing clear: banks can no longer operate as they have for decades, limiting themselves to checking accounts, loans, and credit cards.
With new technology and mobile apps, financial services have evolved beyond basic banking, reshaping how adults manage money—what many call financial inclusion.
But some FinTechs and digital banks are focusing on a different niche: kids and teens. After all, why wait to teach financial literacy? Yesterday, Alkami and Greenlight announced a partnership aimed at helping financial institutions introduce youth banking solutions to their customers.
Alkami, cloud-based digital banking provider, is integrating Greenlight into its platform, allowing banks and credit unions to offer families a dedicated financial education experience.
Greenlight, known for its debit card and app designed for kids and teens, enables 6.5 million young users to earn, save, and spend with parental oversight.
For U.S. banks and credit unions, the partnership presents an opportunity to grow deposits while engaging the next generation of account holders. Parents using Alkami-powered banking apps will now have seamless access to Greenlight’s tools, making financial literacy a built-in feature of their banking experience.
“Greenlight partners with financial institutions across the country because banks and credit unions are uniquely positioned to help younger generations develop strong financial habits,” said Matt Wolf, SVP of Business Development at Greenlight. “Working with Alkami to bring Greenlight’s suite of family banking tools to its customers advances our mission to help parents raise financially smart kids.”
With financial habits increasingly shaped by digital experiences, the question isn’t just how to bank—but when to start.
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