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Amazon Alexa Fund

FintechNews RoundupUSA
·Feb. 22, 2018

Amazon Dives Deeper into Financial Services with New Partnership

SunTrust Bank, Ally Ventures and Amazon Alexa Fund teamed up with others to raise $16mn for Greenlight Financial Technology; Greenlight makes smart debit cards for kids and college students to spend more wisely; The company also offers a mobile app complete with parental controls so parents can teach their kids how to spend; this is a further jump into financial services for Amazon as it looks to enter the space through the partnership model. Source

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