Copper Banking raises $9M more, closes $13.3M seed round to scale teen banking platform

Copper Banking raised an additional $9 million and closed a $13.3 million seed round to expand its youth-focused mobile banking platform, hire across departments, and develop new products; the Seattle startup provides FDIC-backed teen accounts with debit cards, P2P payments, automatic savings, and parent controls. The platform, launched earlier this year, already has over 350,000 users and partners with Evolve Bank & Trust for banking services.

EEddie Behringer SStefan Berglund PPioneer Square Labs CCopper