Sokjo

This mobile banking app provides kids and teens with tools to learn financial literacy through spending, saving, and investing. Parents can manage accounts, set controls, and educate their children about money management within a secure platform.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Traditional payment methods like cards and mobile phones can be cumbersome and inconvenient to carry, especially in situations where minimalism is desired, such as during sports or social events. Existing solutions may also expose sensitive financial data to potential cloning or identity theft risks.

Solution

Rikki offers a contactless payment ring that allows users to make transactions with a simple gesture. The ring utilizes NFC technology to generate a unique token for each payment, providing a secure alternative to traditional cards and mobile payment systems. The ring is made from hypoallergenic ceramic or titanium, is water-resistant up to 50 meters, and does not require a battery or a connection to a mobile phone. Users can manage their linked cards and control the ring's functionality through the Rikki mobile application.

Target Audience

The primary target audience includes tech-savvy individuals, athletes, and fashion-conscious consumers who value convenience, security, and minimalist design in their payment solutions.

Features

NFC-enabled contactless payments
Military-grade encryption for secure transactions
Tokenization to prevent counterfeiting, reuse, or forwarding of payment data
Hypoallergenic ceramic or titanium construction
Water-resistant up to 50 meters
Battery-free operation
Mobile app for card management and ring control
Available in multiple styles and sizes