Set up to help LGBTQ+ Americans reach specific financial goals, Daylight is the first LGBTQ+ owned digital banking platform catering to a growing demographic of US customers.
The platform will help individuals save for important events such as gender transition surgery, surrogacy, or other forms of healthcare.
In a statement, Daylight’s Chief Executive Rob Curtis highlighted the LGBTQ+ community in the US spends close to $1 trillion.
However, much of this financial capital is underserved by banks. According to Williams Institute, a research centre led by the University of California, it is estimated around nine million people make up the country’s LGBTQ+ community.