We will match your first deposit upto $250
Funds deposition from Grandparents, parents towards the Kid's financial future
Funds go into adult-chosen investment vehicles like Bonds/Stocks/Securities
Funds withdrawal available when the kid grows into a specified age, funds to be used on specified categories
Debit/Spend card for Kids allowance provided by Parents
Financial credit building for teens, we update FICO when kid turns 13
Administer merchant categories and set spending limits through the Student Card Portal
Kid's retirement fund
Opens when the kid start doing household chores
Non-taxable when the funds are withdrawn
Approval process within minutes
Fraud Prevention using machine learning
Live Kid's financial spend and investment portfolio view on App and Desktop
1-click add Grandparents
Simple Authorization one time or recurring from Parents/Grandparents account
Kids Investment account in a brokerage, spend accounts in another bank. These entity needs a constant management from Parents
We want to provide a one-stop shop for Parents to manage all kids related financial activities
Grandparents to kids wealth transfer is currently not online
Trust Funds are ran by human professionals who have a minimum balance requirements
There is lack of awareness among the tech millenial crowd about kids investment vehicles except the college 529 plan
Tech can create kids investment portfolio based on Parents requirements from investing into stocks, 529, bonds etc.
We target Parents (working professionals) with kids
We target Grandparents (Boomers) with grandkids
College 529 Plans, Fidelity, Fabric etc.
Kids investment is an afterthought
Student Card is an afterthought for big banks
Startup like Greenlight, Step do spend/debit cards but no investment
5 million working professionals in tech jobs
26 million kids aged 13 to 18
There is no Betterment or a Robinhood like app for Millenials and Boomers kids and grandkids respectively
High interest rate and inflation has made millenials think about savings for future
Founded and scaled products meant for working professionals, Peach etc.
Built and scaled a fintech product (LunchCard) for employees at Tech Corporations
Founders known each other since 1994
Worked together for 20+ years
Every kid born on earth deserves an investment fund
Funding and investing for Kid's future a breeze via technology
Securing financial stable footing for all kids
Capitol Hill Club, kind of like a country club for people, parents, kids to relax after work and which is not a restaurant
Buy farm land