Edfundo is the world’s first family-focussed Financial Intelligence Hub, comprising a Learning Lab and Smart Money Management App created by Teachers.
It is built for kids and teens to champion a new era of financial literacy, digital inclusion, and mental wellbeing. The Edfundo Learning Lab, the smart money app, and the associated pre-paid debit card are designed to help ensure youngsters are informed stakeholders in the journey towards a responsible, cashless society.
Curated around the principle of ‘doing is learning’ the Edfundo Lab and App, which has rigorous parental controls, are designed to be highly interactive and fun, with rich and engaging educational content where users can learn good financial habits from earning to budgeting to spending and to saving.
DIFC-licensed Edfundo has also designed an Edfundo for Schools initiative to support educators as they integrate real-time learning into financial education.
The Edfundo ‘GOLiveList’ is now open on www.edfundo.com giving children and parents’ immediate access to the Edfundo Learning Lab as well as ensuring first-mover status for the virtual pre-paid debit card.
In tandem, following a pre-seed round that recently closed over target, the seed round will close at the end May 2022. The co-founders are also planning further roll outs in the next year, including the Kingdom of Saudi Arabia.