/retail banking

News and resources on retail banking, consumer finance and reinventing customer experience in finance.

LGBTQ+ digital bank Daylight raises $15m

Daylight, the digital banking app built for America's LGBTQ+ community, has raised $15 million in a Series A funding round led by Anthemis Group.

Be the first to comment

LGBTQ+ digital bank Daylight raises $15m

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

CMFG Ventures, Kapor Capital, Citi Ventures and Gaingels joined the round for Daylight, which bills itself as the first banking platform designed specifically to improve financial equality and inclusion for the 30 million-strong US LGBTQ+ community.

The startup has also unveiled a new tool, Daylight Grow, designed to help customers that are planning to build a family.

For those planning for adoption, surrogacy, or carrying a child, the company has put together personalised plans, with location-tailored guidance that covers fertility, financial and legal milestones.

Daylight is also working to build community support through online groups where prospective parents can meet and through a database of recommended family creation lawyers, fertility clinics, and surrogacy agencies.

Sponsored [Webinar] Solving the KYC challenge with end-to-end processes

Comments: (0)

[On-Demand Webinar] Ensuring Interoperability in the Age of Global, Cross-Border e-InvoicingFinextra Promoted[On-Demand Webinar] Ensuring Interoperability in the Age of Global, Cross-Border e-Invoicing