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Daylight, The Lgbtqia+ Digital Banking Platform, Raises $15M To Launch Family Planning Solutions

Nov 18, 2022•almost 3 years ago

Amount Raised

$15 Million

New York

Investors

Financial Venture StudioClocktower VenturesUniversity Growth FundGaingels, Mendoza VenturesCiti VenturesKapor CapitalCmfg Ventures

Description

Daylight, the first and only digital bank designed to build the financial products and services to help queer people live their best lives, today announced $15 million in new financing led by Anthemis Group, with participation from CMFG Ventures, Kapor Capital, Citi Ventures, and Gaingels, among others. Vinay Singh, Managing Director at Anthemis Group, will join Daylight's Board of Directors, along with Billie Simmons, Daylight Co-Founder and Chief Operating Officer. The company will use this strategic investment to expand its services to support LGBTQ+ people looking to start and grow their families.

Company Information

Company

Daylight

Location

New York, United States

About

Founded in 2020, Daylight is the first and only digital banking platform in the U.S. specifically designed for and by the LGBT+ community. Daylight’s card, app and digital services prepare members for the future faster by helping them to navigate the finance system, generate smarter habits and connect with a community working together to build the life they deserve without compromise.

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Funding Insights

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Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech