Atlanta-based FinTech Greenlight pitches parents on kid-friendly bank accounts and is launching a credit card. The Greenlight-branded Mastercard offers up to 3% unlimited money back on all purchases and allows parents to mechanically invest those cash rewards in stocks and ETFs to pay for family-related expenses, co-founder and CEO Tim Sheehan told TechCrunch.
Rapyd (PC42 profile), a global fintech-as-a-service platform, has announced the launch of Virtual Accounts enabling businesses to expand globally while supporting local payments. The new offering provides corporations worldwide with the ability to securely and reliably accept local bank transfers in over 40 countries in more than 25 currencies, including the US, UK, EU, and APAC regions. Virtual Accounts act as local bank accounts without the typical transaction fees and additional operational costs, enabling simple, confidential and automated global payments and disbursements.
