Copper Banking

3 results about this entity

Period: 25 Aug 2020 - 22 May 2024

/retail

Synapse fallout leaves Copper customers unable to access funds

The collapse of BaaS platform Synapse has forced teen finance app Copper to suddenly discontinue its bank deposit accounts and debit cards, leaving some customers unable to access their funds.

/startups

Teen banking app Copper closes seed funding round

Teens are experts at spending money. The trouble is, many never learn how to save it, manage it and make it grow. A third of American teenagers have no bank account of their own, relying on their parents’ credit cards and Venmo accounts to pay for routine purchases.

/startups

Teen banking app Copper raises $4.3m

Copper, an app-based banking startup targeting teens, has raised $4.3 million in a seed funding round led by PSL Ventures.