THELOGICALINDIAN - Good Money a agenda cyberbanking startup has appear its aloft 30 actor in Series A allotment The annular was led by Galaxy Agenda with investments from Breyer Capital Blocktower Capital Boost VC Ken Howery Blockchange Ventures Cross Culture Ventures Troy Carter Mitch Kapor Peter Diamandis Blake Mycoskie Justin Rosenstein and others
Also Read: Law Professor: Confusing Crypto Regulations Will Hamper Innovation
Banking With a Social Focus
Besides peer-to-peer cyberbanking services, Good Money will action FDIC-insured accumulation accounts address a 2 percent yield, chargeless acceptance of authorization ATMs beyond the U.S., no-overdraft fees and low customer accommodation rates. However, it seems that the bodies abaft the adventure accept a able amusing focus is what will allure the best absorption in the app. They affiance that Good Money users will be able to absolute 50 percent of the platform’s profits to projects focused on acclimation environmental, amusing and bread-and-butter asperity issues. The company’s founding aggregation has additionally apprenticed bisected of their own disinterestedness to philanthropy.
“The aggregate of an activist cast with abysmal direct-to-consumer acquaintance at scale, positions Good Money to be a baton in the celebrated disruption of the cyberbanking industry … Good Money is led by world-class founders who accept congenital billion dollar companies, with business acquaintance and relationships that can accompany tens-of-millions of users into the ecosystem quickly,” said Sam Englebardt of Galaxy Digital.
Putting Equity in Clients’ hands
Good Money affairs to barrage a cat-and-mouse annual in January 2019 and accolade users with disinterestedness for accepting their abode in band for the abounding belvedere which will be appear after in the year. Every chump will accept disinterestedness back they accessible an annual and appropriately become an buyer of the cyberbanking belvedere and users may acquire added disinterestedness by installing the app, ambience up a absolute drop or apropos friends.
The startup is headed by Gunnar Lovelace, the architect of Thrive Market, an online grocery that ahead aloft $180 actor in funding.
“Modern cyberbanking is a primary disciplinarian of so abounding issues we face as a association — from bread-and-butter inequality, institutional racism, ecology abolition to political corruption,” said Lovelace. “We founded Good Money to advice consumers booty their money out of a arrangement that’s both antibacterial the planet and extracting abundance from the best accessible and put it into a new arrangement focused alone on benefiting bodies and planet. As we calibration Good Money over the abutting 10 years, we will empower consumers to apprehend they should own the businesses they buy from as an evolutionary footfall in convalescent commercialism by leveling the bread-and-butter arena field.”
Is a able amusing focus the appropriate access to allure adolescent bodies to the agenda ecosystem? Share your thoughts in the comments area below.
Images address of Shutterstock, Good Money.
Verify and clue bitcoin banknote affairs on our BCH Block Explorer, the best of its affectionate anywhere in the world. Also, accumulate up with your holdings, BCH and added coins, on our bazaar archive at Satoshi’s Pulse, addition aboriginal and chargeless account from Bitcoin.com.
