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ADDED ON: 11/25/2020

First LGBT+ digital banking platform launches in United States

11/25/2020 | Reuters

NEW YORK (Thomson Reuters Foundation) – The first LGBT+-owned and targeted digital banking platform launched in the United States this week, part of a growing effort to meet the needs of gay and transgender customers. Daylight, the new platform, said it has developed tools and content to help LGBT+ Americans reach specific financial goals such as saving money for surrogacy or gender transition surgery, and to make banking more inclusive. The nation’s LGBT+ population wields some $1 trillion in collective spending power but are mostly underserved by banks that fail to tap into their assets or address their interests, Daylight Chief Executive Rob Curtis said.

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