Good Money

Good Money
Company typePrivate company / Cooperative
IndustryFinancial technology, financial services
Founded2018; 6 years ago (2018)
HeadquartersSan Francisco, United States
Area served
United States
Key people
Gunnar Lovelace, founder
ProductsChecking account and high-yield savings accounts
Websitewww.goodmoney.com

Good Money is an American digital online banking platform, often called a neobank, founded by Gunnar Lovelace.[1] Good Money directs 50% of its profits toward environmental and social justice initiatives through impact investments and charitable donations. As a digital platform, Good Money takes no ATM or overdraft fees. The platform's customers vote on where Good Money will invest profits, but their options only include sustainable investments.[2] It is based in San Francisco.[3][4]

  1. ^ Thorpe, Devin. "'Hippie' Immigrant Launches Good Money Banking Co-Op For The People". Forbes. Retrieved 2021-09-24.
  2. ^ Anzilotti, Eillie (2018-12-10). "At this new online banking platform, customers are the owners". Fast Company. Retrieved 2021-05-10.
  3. ^ "Digital banking platform Good Money gets $30M in funds".
  4. ^ Anzilotti, Eillie (2018-12-10). "At this new online banking platform, customers are the owners". Fast Company. Retrieved 2021-09-24.