Digital banking platform Good Money just raised $30 million in a Series A funding round to continue developing its app.
Led by Michael Novogratz's Galaxy Digital (via its Galaxy EOS VC Fund), participants in the funding round included Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, BlockChange Ventures, Cross Culture Capital, Troy Carter, Mitch Kapor, Peter Diamandis Blake Mycoskie and Justin Rosenstein, among others.
The startup aims to act as a bank through which every customer owns some amount of equity, with incentives baked in for those who install the app, refer friends and set up direct deposits.