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Greenlight and Google Wallet boost financial access with kid’s smartwatch

By Gloria Mathias

August 08, 2024

  • Fintech news
  • FinTech solutions
  • Fitbit
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Fintech Solutions, Fintech News, Greenlight, Google Wallet, Google, Smart watch, Pay Watch, Tap and Go, FitBit, Greenlight Financial Technology, Inc. (Greenlight), the FinTech company, has announced a collaboration with Google to connect with the Fitbit Ace LTE. This smartwatch helps kids lead active, independent lives while giving parents peace of mind.

Greenlight’s debit card can be seamlessly added to the Google Fitbit Ace LTE, enabling kids to spend wisely and safely to pay on the go with their smartwatch.

Greenlight’s debit card and banking app have helped more than 6.5 million parents and kids learn to earn, save, spend wisely and invest together. By connecting Greenlight to the Google Fitbit Ace LTE, kids have a new, convenient way to practice smart spending and financial independence without the need for a phone or physical card.

Parents have added peace of mind knowing their kids have safe, easy access to money when they need it, right from their wrist. Using the Greenlight app, parents can also send money instantly, automate allowance payments, manage chores, set flexible spending controls, get real-time notifications, and more, empowering their kids to learn smart money management.

“At Greenlight, we’re always looking for new ways to help parents raise financially smart kids and teach them healthy financial habits,” said Tim Sheehan, co-founder and CEO of Greenlight. Teaming up with Google to integrate Greenlight into kids’ smartwatches allows us to bring families even more peace of mind and convenience as their kids become more independent.”

The Google Fitbit Ace LTE smartwatch was designed to be fun, safe, and helpful for families. With immersive 3D games, the Ace LTE transforms exercise into play for kids and keeps them active by rewarding different types of movement. It also gives parents peace of mind with reliable calling, messaging, location sharing, and safe spending with the new Tap to Pay feature.

“We’re excited to collaborate with Greenlight to bring tap-to-pay capabilities to the Fitbit Ace LTE, giving parents a valuable tool to instil responsible spending habits and help kids gain confidence while they learn important money skills,” said Ben Greenwood, Fitbit Ace LTE Product Lead.

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