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To provide the LGBT+ community with a smart and modern banking service, built by LGBT+ people.
Daylight is the only digital banking platform in the US targeted to the LGBT+ community, helping its members to navigate the financial system and promoting financial security. Operating primarily via a mobile app, the platform is also planning real-world pop-up financial clinics. It offers a range of financial products including pre-paid Visa cards and access to a network of financial coaches.
Founded by members of the LGBT+ community, Daylight acts as a safe financial space for the community, which numbers around 30 million people in the US. Income is generated through the deployment of a simple fee structure with no monthly usage or physical card fees, and a 57c fee for ATM withdrawals.
Daylight takes on challenges that members of the LGBT+ community often face in the traditional banking world, tackling issues such as incorrect names on issued cards and inadequate financing options. With a waiting list of thousands, Daylight expects to have around 10,000 customers when it launches.
Steph
Company Specialist at Welcome to the Jungle
Nov 2022
$15m
SERIES A
Jun 2021
$5m
SEED
This company has top investors
Rob Curtis
(CEO)Having spent almost 4 years at Prudential Assurance, Rob worked in Consultancy as well serving in Management at Gaydar, SQUAD SOCIAL, and Drinkaware. They co-founded Daylight as CEO in February 2020.
Billie Simmons
(COO)Billie worked as a Freelance Web Developer for a year before spending 2 years as an Anthemis Group Associate and being a Spark Change Software Engineer. They founded affirm.space in 2019 and Daylight in 2020.