GoSave
GoSave offers a next-generation digital piggy bank that pairs a physical toy with a companion app to teach children aged 5-12 financial literacy. Parents can send cashless pocket money, rewards, and chore-based earnings directly to the toy, which displays the balance and also accepts physical coins and notes. The system includes a star-based rewards option for younger kids and family sharing features with video messages and digital envelopes.
- Education Technology
- Consumer Goods
- Financial Technology
- Consumer Electronics
- Hardware
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Traditional piggy banks only hold physical coins and provide no structured way to teach children about earning, saving, and financial goal-setting. Parents lack engaging tools to introduce financial literacy concepts to young children, and existing digital solutions often separate the learning experience from a tangible, kid-friendly object.
Solution
GoSave provides next-generation digital piggy banks that combine a physical toy with a companion app to help kids aged 5-12 learn financial basics. Parents use the app to send cashless pocket money, rewards, and birthday funds directly to the toy, where children see their balance displayed. The system supports both currency-based saving and a star-based rewards chart for younger children, making financial education adaptable to different age groups and family preferences. Family members can contribute through video messages and digital envelopes, making saving a social activity. Monthly custom reports show savings progress and projected amounts by age 18, helping families track long-term goals.
Target Audience
Primary customers are parents of children aged 5-12 who want to teach financial literacy through tangible, interactive tools, as well as extended family members who wish to contribute to a child's savings.
Features
- Physical piggy bank toy with digital balance display that also accepts real coins and notes, detecting deposits and prompting the user to enter the exact amount
- Parents app for iOS and Android that enables sending cashless pocket money, rewards, birthday funds, and chore-based earnings from anywhere
- Star-based rewards system as an alternative to currency for younger children or families preferring non-financial incentives
- Family sharing feature that lets relatives send video messages, rewards, and cash in digital envelopes on special occasions
- Monthly personalized savings reports with projections for child's balance by age 18
- 256k encrypted data hosted on secure servers; no banking details stored on the device