Venmo introduced the Venmo Teen Account, providing parents and legal guardians the ability to open a Venmo account for their teenagers between the ages of 13 to 17-years-old so they can send and receive money. The Venmo Teen Account also “comes with a Venmo Teen… Read More
Modak, a fintech company for teens and families in the US, has partnered with digital identity company Yoti to “enhance safety features for teens on its platform.” Since launching in December 2022, 25,000 teens “have signed up for Modak using Yoti’s facial age estimation technology.”… Read More
British teenagers say they go online for help “on everything from hair hacks to video game tips, with one in three (33%) preferring to seek advice on the web to avoid the ‘awkwardness’ of asking someone face to face.” The Lloyds Bank research – which… Read More
Zywa, a teen-focused fintech aiming to “re-imagine” banking for Gen Z in the MENA region, has completed a seed funding round of $3 million. Investors who took part in the investment round reportedly “include Goodwater Capital (the largest consumer tech VC globally), Dubai Future District… Read More
The team at GoHenry notes that it has been 10 years since they launched operations in the United Kingdom, and they now have more than two million members in the UK and US. They recently launched their in-app Money Missions “to make financial education fun… Read More
Fintech firm Greenlight reveals that in 2021, their clients may have learned “lifelong money lessons.” Greenlight reports $1.07 billion managed in 2021. According to the firm, this is a significant milestone in their Greenlight story — “and yours.” The company wrote in a blog post… Read More
Digital bank Revolut, the provider of a financial Super App with over 18 million customers globally, revealed that it will bring Google Pay to Revolut Junior clients across the United Kingdom and EEA. Revolut says it added support for Google Pay after getting feedback during… Read More
GoHenry, a debit card and financial education app designed for children ages 6-18, announced earlier this week a direct deposit feature for “working teenagers.” The addition of this workforce payment feature “allows teens 14 and older to have their paychecks deposited directly into their GoHenry… Read More
Bling Card has teamed up with SocGen-owned banking-as-a-service (BaaS) firm Treezor in order create a prepaid pocket money card and financial education app for children in Germany. With the Bling Card, kids and teenagers are able pay independently and securely at merchant outlets in Germany…. Read More
Teenagers can be quite the experts when it comes to spending money. The problem is, many never really learn how to save their money, manage it effectively, and make it grow over an extended period of time. A third or over 30% of US teenagers… Read More
Bengaluru based Fintech startup Walrus is launching a personalized debit card for teenagers. The company says it wants to help teens become financially “smart” from a young age so that they are able to effectively manage their finances as they get older and have more… Read More
Younger people in India including Millennials and Gen Z consumers are usually quite tech-savvy because most of them have grown up using the latest smartphones. They regularly use the internet to take care of everyday tasks – which may include conducting digital transactions for online… Read More
Copper Banking, a U.S.-based digital bank for teens, announced on Tuesday it secured $4.3 million through its latest seed funding round, which was led by PSL Ventures with participation from Jack Brody, of Snap Inc and Mana Ventures and Western Technology Investment. Founded in 2019,… Read More
Current, the fintech platform that allows teens to connect their money with the people, brands and experiences they value, announced on Tuesday that Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp (NASDAQ: FITB), has joined the recently announced Series A funding,… Read More
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