Categories: Analysis

Goalsetter raises $9.6 million to help families build wealth

Goalsetter, a US financial education platform focused on helping families spend, save and invest, has raised $9.6 million in a Series A extension round.

The round was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund. Series A investors Fiserv, Webster Bank, Seae Ventures, Astia Fund and Partnership Fund for New York City also participated.

Goalsetter works with banks and credit unions, providing a white label platform that allows them to offer families a combination app and debit card for children with a variety of learning tools and parental controls.

The new funding will be used to build more partnerships with financial institutions and launch live product implementations for banks and credit unions to facilitate integration of the technology across multiple technology platforms.

Tanya Van Court, CEO of Goalsetter, said: “This funding will enable us to enhance our B2B offerings and build stronger partnerships with credit unions, banks and wealth management institutions, expanding our reach and impact to ensure the the next generation can grow up.” smart savers and investors.

David Brooks

Recent Posts

Starling warns of an increase in voice cloning fraud

Voice cloning, in which fraudsters use AI technology to imitate the voice of a friend…

5 hours ago

Banks in Singapore are adding facial verification to their security toolkit

Banks in Singapore will gradually implement Singpass Face Verification (SFV) over the next three months…

11 hours ago

Indian lending app mPokket is hiring 5,000 new employees

Indian digital lending app mPokket will hire 5,000 new employees in the coming year, more…

17 hours ago

FDIC plans to tighten custodial deposit rules after Synapse collapse

Following the collapse of fintech company Synapse, a US regulator has unveiled plans to tighten…

23 hours ago

How do you finance natural capital? Sustainable Finance.Live 2024 aims to provide answers

Ahead of Sustainable Finance.Live 2024, Richard Peers, founder of Responsible Risk, discusses the event's focus…

1 day ago

Metro Bank cuts 300 jobs; signs Infosys deal

British lender Metro Bank is cutting around 300 jobs and asking Infosys for an IT…

1 day ago

This website uses cookies.