Strive provides banks and fintechs with customizable digital piggy banks featuring interactive touch screens that engage children aged 5-12 in financial literacy. This solution enables parents to teach their kids about saving and managing money in a cashless society, enhancing user retention and attracting new customers for financial institutions.
Funding
$104.2K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many children lack practical financial literacy skills, especially in managing money and understanding savings in an increasingly cashless environment. Traditional methods of teaching financial concepts can be abstract and fail to engage children, making it difficult for parents to instill good financial habits early on.
Solution
Strive provides banks and fintech companies with a customizable digital piggy bank solution designed to engage children aged 5-12 in learning about financial literacy. The system combines a physical, interactive touch-screen piggy bank with a companion parent application, creating a tangible and engaging experience for children to learn about saving and managing money. This white-label solution allows financial institutions to offer a unique youth banking experience, enhancing customer retention and attracting new, younger customers. The interactive piggy bank and app teach children about finances in a fun and accessible way, helping them develop essential financial skills for a cashless society.
Target Audience
The primary target audience includes banks, credit unions, and fintech companies looking to enhance their youth banking offerings and attract new customers, as well as parents seeking engaging tools to teach their children about financial literacy.
Features
- Customizable, physical piggy bank with an intuitive touch screen interface
- Companion parent application for monitoring and guidance
- Interactive games and activities focused on financial literacy
- Savings goals and progress tracking
- White-label branding options for financial institutions