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Verizon launches financial literacy app for kids

Wednesday 16 June 2021 11:27 CET | News

Verizon has introduced a new tool for parents to help their kids as they take charge of their financial future.

Verizon Family Money is an app and prepaid debit card that allows kids to save, spend, earn, and become money-savvy. Parents can monitor spending, set up allowance, see purchases, make rules, lock cards, or set spending limits for up to five prepaid debit cards in the app.

Verizon partnered with Galileo to create the fintech platform Family Money is built on. The Family Money Prepaid Visa Card is issued by Metropolitan Commercial Bank.


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Keywords: product launch, financial services, debit card, partnership, fintech
Categories: Banking & Fintech
Companies:
Countries: United States
This article is part of category

Banking & Fintech