Good Money
From Wikipedia, the free encyclopedia
| Company type | Private company / Cooperative |
|---|---|
| Industry | Financial technology, financial services |
| Founded | 2018 |
| Headquarters | San Francisco, United States |
Area served | United States |
Key people | Gunnar Lovelace, founder |
| Products | Checking account and high-yield savings accounts |
| Website | www |
Good Money is an American digital online banking platform, founded by Gunnar Lovelace.[1] As a digital platform, Good Money takes no ATM or overdraft fees. It is considered a neobank and is based in San Francisco.[2][3]
Good Money was founded in 2018.[4] Gunnar Lovelace was founder of organic e-commerce company Thrive Market, a direct-to-consumer online grocery store. In December 2018, Good Money announced that it had raised $30 million with a group of investors including Galaxy Digital, Breyer Capital, Mitch Kapor, and Ken Howery.[5][6]
In January 2019, customers started joining a waitlist to start their accounts. Every customer will potentially get equity in the company when opening an account and can build up that equity by using the service.[7]