UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop 
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns 
Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Qantas Shares Climb as Long-Haul Pilot Deal Eases Strike Concerns 
Deutsche Bank Upgrades Persimmon to Buy After Strong First-Half Results 
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 
Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook 
Moderna Wins FDA Approval for mFLUSIVA mRNA Flu Vaccine for Adults 50+ 
SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
WILMINGTON, N.C., Feb. 21, 2018 -- Canapi Inc. announced today it is investing in fintech company Greenlight Financial Technology, Inc., creator of the smart debit card for kids, teens, and college students, to transform the way families are banking.
|
|||
Canapi participated in a round of Series A financing to support Greenlight’s mission to help parents raise financially smart kids.
“Our focus is to partner with cutting edge companies that are truly revolutionizing the way people interact with the financial services industry,” said Neil Underwood, Canapi managing director. “Greenlight is doing just that by giving parents a great product, while supporting Live Oak’s digital deposits strategy.”
The investment will help fuel Greenlight’s growth and fulfill its mission of delivering safe, simple and family-friendly financial products worldwide. Additionally, the company plans to invest in new talent to keep pace with consumer demand and continue introducing innovative financial solutions.
“With a focus on open API technology and a proven track record of transforming how financial services are delivered to the market, Canapi is the right partner to bring Greenlight to millions of additional families and help parents prepare their children for financially successful futures,” said Tim Sheehan, CEO and Co-Founder of Greenlight.
To learn more about Canapi and how it is transforming financial services, visit www.canapi.com. To learn more about Greenlight, visit www.greenlightcard.com.
About Canapi Inc.
Canapi Inc., a wholly owned subsidiary of Live Oak Banchares (NASDAQ:LOB), is a fintech-focused company that aims to bring innovation, efficiency and excellence to the forefront of the banking industry. By investing in companies that accelerate the delivery of open digital banking solutions to the market, Canapi intends to change the landscape of financial services.
Contact:
Micah Davis, Marketing Director
Media Relations
910.550.2255
[email protected]
Claire Parker, Senior Public Relations Manager
910.597.1592
[email protected]
