Daylight raises millions to build a digital banking platform ‘developed for and by’ the LGBTQ+ neighborhood
Over the past year, there has been a surge of newly formed digital banks targeted at particular demographics. The banks in nearly all cases are trying to satisfy the needs of particular populations that they think are feeling overlooked or underserved by conventional financial institutions. The latest such neobank to emerge is New York-based […] , which explains itself as the first LGBTQ+ digital banking platform in the United States.”Lots of neobanks do not offer a truly special banking experience that will result in a mass exodus from standard banks,” Dixon stated.”Daylight has a chance to be the outlier, especially provided their focus on neighborhood. …
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