Amazon, SunTrust Invest In Atlanta Fintech Startup

Greenlight Financial Technology Inc. has scored $16 million from Amazon and other investors. According to the Atlanta Business Chronicle, the Atlanta-based firm, which has developed an intelligent debit card for children, plans to add up to 100 jobs in the next 24 months.

New investors in Greenlight include Amazon Alexa Fund, SunTrust Bank and Ally Financial Inc. Existing investors TTV Capital, New Enterprise Associates (NEA) and Relay Ventures participated in the round.

Urvaksh Karkaria covers technology for Atlanta Business Chronicle.