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YSTV
Good Money is a digital online banking platform, founded by Gunnar Lovelace.
Good Money directs 50% of its profits toward environmental and social justice initiatives through impact investments and charitable donations. As a digital platform, Good Money takes no ATM or overdraft fees. The platform’s customers vote on where Good Money will invest profits, but their options only include sustainable investments. It is based in San Francisco. The company offers FDIC-insured checking and high-yield savings accounts. When account holders sign up, they are offered a stake in the bank, making it the first digital banking platform that will be owned by its customers. Customers can receive additional equity by installing the Good Money app, setting up a direct deposit, or referring friends. Good Money is an activist mobile banking platform that will not invest in extractive capitalism – it invests 50% of profits in social and environmental justice.
Legal Name
:
Good Money Group Inc.
Headquarters
:
San Francisco, California, United States
Founding Date
:
2018
No. of Employees
:
41 to 60
Core Team
:
1.
Andrew Masanto
Co-Founder & CSO
2.
Bear Kittay
Co-Founder
3.
Gunnar Lovelace
Co-Founder & Co-CEO
Total Funding
$30.0M
Investors
:
1.
Galaxy Interactive
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