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Youth-focused FinTech Platforms Attract Investor Attention

New FinTech platforms continue to gain market share globally, particularly among younger, tech-savvier consumers who don’t require physical branches and are drawn to their lower fees and user-friendly apps. While many leading consumer FinTech platforms cater primarily to millennials, a number of well-funded players have emerged focusing on providing banking and financial services to teens and even younger kids.

The report profiles three youth-focused FinTech platforms that announced large financing rounds in rapid succession:

  • Current’s $220 million Series D financing

  • Greenlight’s $260 million Series D financing

  • Step’s $100 million Series C financing

The report also profiles other players in the space including gohenry, Kard, Mozper, Revolut, Monzo, Tinkoff and Varo.

 

 

Read the Report