Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Galaxy Digital Leads $30 mln. Investment In Good Money, A Crypto Startup

Galaxy Digital Leads $30 mln. Investment In Good Money, A Crypto Startup

Kelly Cromley by Kelly Cromley
Dec 11, 2018
in Market News, News
Reading Time: 2 mins read
0

Good Money, the first digital banking platform owned by its customers with the best online class and peer- to- peer banking services, today announced that it has raised $ 30 million in Series A financing from Galaxy Digital through its Galaxy EOS VC Fund with investments from Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, Blockchange Ventures, Cross Culture Ventures, Troy Carter, Mitc.

Good money offers value – based banking services for the 21st century with top features in the swiftly developing market for neo-banking. These features consist of FDIC insured savings accounts that offer a 2% return, free of cost domestic ATMs, no overdraft fees and the country’s least possible consumer loan rates to assist Americans get out of debt.

RelatedPosts

World Chain Upgrades to Native USDC in Circle Expansion

WAYE.ai Unveils AI Agents Powered by Sui Blockchain

Real Vision Taps Sui Blockchain to Reinvent Member Engagement

Vietnam Unveils National Push Toward Blockchain Integration

In the first place, each customer receives equity when he or she opens an account and becomes an owner of the bank platform. Users can gain additional equity by installing the app, setting up a direct deposit or referring friends in a revolutionary effort to democratize access to ownership and wealth creation.

In addition, Good Money users will direct 50% of the platform’s profits to social and economic inequality, environmental management and renewable energy projects. The founding team of Good Money has also committed 50% of its equity to philanthropy and impact.

Sam Englebardt, Co-Founder and Co-Head of Principal Investments, Galaxy Digital said “The combination of an activist brand with deep direct-to-consumer experience at scale, positions Good Money to be a leader in the historic disruption of the banking industry. We launched Galaxy’s EOS VC fund with our partners at Block.one in order to back exceptional founders who are capable of transforming consumer understanding and adoption of the blockchain. Good Money is led by world-class founders who have built billion dollar companies, with marketing experience and relationships that can bring tens-of-millions of users into the ecosystem quickly.”

The company is led by entrepreneur Gunnar Lovelace, who has built platforms for his career at the crossroads of business and social change. Lovelace was most recently the founder and co-CEO of Thrive Market ($180 million raised), a direct-to-consumer online grocery store that shook up the trillion dollars grocery market by setting up a mission – driven business offering organic food at the same price as conventional equivalents.

Good Money Founder and CEO, Gunnar Lovelace, said “We live in a world where consumers pay hundreds of dollars each year to banks for low-quality banking services, where banks return practically zero on deposits but leverage those deposits on a 10x ratio to finance projects that make the world a dirtier, less equitable place while creating no economic benefit for consumers.”

“Modern banking is a primary driver of so many issues we face as a society — from economic inequality, institutional racism, environmental destruction to political corruption. We founded Good Money to help consumers take their money out of a system that’s both destroying the planet and extracting wealth from the most vulnerable and put it into a new system focused solely on benefiting people and planet. As we scale Good Money over the next 10 years, we will empower consumers to realize they should own the businesses they buy from as an evolutionary step in improving capitalism by leveling the economic playing field.”

Good Money will launch in January 2019 a waitlist that will reward users with equity to secure their place in anticipation of the release of the full platform later this year.

Previous Post

Brave Is The Default Browser On HTC’s Crypto-phone, Exodus 1

Next Post

Ex-IMF Chief Economist – Bitcoin Is A “Lottery Ticket”

Related Posts

circle-usdc-stablecoin

World Chain Upgrades to Native USDC in Circle Expansion

by Kelly Cromley
Jun 12, 2025
0

Digital identity firm World has broadened its collaboration with stablecoin issuer Circle through the integration of native USDC and Cross-Chain...

waye-ai-agents-on-sui-blockchain

WAYE.ai Unveils AI Agents Powered by Sui Blockchain

by Kelly Cromley
Jun 12, 2025
0

WAYE.ai is setting a new benchmark in artificial intelligence by introducing autonomous digital agents capable of functioning across multiple platforms....

Real Vision partners with Sui

Real Vision Taps Sui Blockchain to Reinvent Member Engagement

by Kelly Cromley
Jun 12, 2025
0

Real Vision, a prominent financial media and membership platform, has disclosed a strategic alliance with Sui, a blockchain network developed...

vietnam

Vietnam Unveils National Push Toward Blockchain Integration

by Kelly Cromley
Jun 12, 2025
0

Vietnam is taking a significant step toward embedding blockchain into its national digital infrastructure through a newly announced alliance involving...

paypal pyusd solana blockchain

PayPal Eyes Stellar for Faster, Cheaper PYUSD Transactions

by Kelly Cromley
Jun 12, 2025
0

PayPal Holdings (NASDAQ: PYPL) has announced plans to bring its stablecoin, PayPal USD (PYUSD), to the Stellar (XLM-USD) blockchain network....

sqd-network-debuts-oceanstream-real-time-blockchain-data

SQD Network Debuts Oceanstream for Real-Time Blockchain Data

by Kelly Cromley
Jun 12, 2025
0

SQD Network, a decentralized data-lakehouse platform, has officially introduced Oceanstream, a real-time data delivery solution tailored to institutional investors. The...

Next Post
Ex-IMF Chief Economist – Bitcoin Is A “Lottery Ticket”

Ex-IMF Chief Economist – Bitcoin Is A “Lottery Ticket”

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

circle-usdc-stablecoin
Market News

World Chain Upgrades to Native USDC in Circle Expansion

by Kelly Cromley
Jun 12, 2025
waye-ai-agents-on-sui-blockchain
Market News

WAYE.ai Unveils AI Agents Powered by Sui Blockchain

by Kelly Cromley
Jun 12, 2025
Real Vision partners with Sui
Market News

Real Vision Taps Sui Blockchain to Reinvent Member Engagement

by Kelly Cromley
Jun 12, 2025
vietnam
Market News

Vietnam Unveils National Push Toward Blockchain Integration

by Kelly Cromley
Jun 12, 2025
paypal pyusd solana blockchain
Market News

PayPal Eyes Stellar for Faster, Cheaper PYUSD Transactions

by Kelly Cromley
Jun 12, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blockchain
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree