WALO Card and App helps parents raise money-smart kids. With the WALO app, kids can get their own prepaid card for all their online and offline purchases. Whereas parents can manage kids allowances, chores and keep a track of their spendings. The WALO App is designed to help kids learn financial literacy and understand the value of delayed gratification.
"Parent can":
- Automate allowances (weekly/monthly)
- Assign paid or unpaid chores / tasks to their kids, and automate extra payments when they complete the assigned chores
- Instantly transfer money to kids' card
- Add accounts for up to 4 kids within the same app and order a WALO Card for each kid
- Get notifications of their kids' money activity and progress
- Track their kids expenses and goals
- Help their kids become financially independent
"Kids can":
- Personally manage and keep a track of money and allowances
- Get their own prepaid card with an option of choosing among 2 cool designs
- Manage chores and tasks
- Set a savings goal or a budget for their next big purchase
- Shop online & in stores with their own prepaid card
- Complete paid chores and earn extra money
- Learn through experience with real-world spending
- Learn about saving, investing and more through interactive quizzes
"Safe and Secure":
- Powered by Mastercard®
- WALO prepaid card comes with a secured chip and a PIN
- We use bank-grade SSL certificates and AES 256-bit encryption to protect your personal data
- Your payment information is never shared with any retailers or credit bureaus
Joining WALO is easy. Learn more at https://walo.app
"WALO has won multiple awards:
# FinteQC 2019 - Public Choice
# Fintech Forum 2019 - CFA Montréal
# Banque Nationale du Canada, Wealth Innovation Competition 2020, Finalist
# StartupFest Montréal 2020, Next AI Top Startup
# National Crowdfunding & Fintech Association, Fintech Draft Finalist 2020
# Women in Payments – Canada Symposium, Unicorn Challenge Audience Choice Award, 2020"
Help your kids learn the value of money with WALO