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Ernit logo — ERNIT is a digital piggy bank that empowers children to deve...

Ernit

ERNIT is a digital piggy bank that empowers children to develop healthy financial habits.

Founded 2013 Denmark Denmark 11-50 employees Seed Total: $1.09M Applications, Finance +4

General Information

Company Name Ernit
Founded Year 2013
Location Denmark Denmark
Employees 11-50
Industries Applications, Finance, Financial Services +3
Funding Stage Seed
Social

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About Ernit

Ernit is a fintech startup based in Denmark that has developed a digital piggy bank aimed at teaching children healthy financial habits. Founded in 2013, ERNIT seeks to address the need for financial education in an increasingly digital world. The product is a modern take on the traditional piggy bank, leveraging digital currencies and technology to make money management and saving more engaging for kids. This initiative not only focuses on making learning about money fun for children, but also aims to instill responsible financial practices under their parents' guidance. It received a seed round investment on 26 November 2017, showcasing investor interest in the concept. With its focus on finance, financial services, and fintech, ERNIT is positioned to have a profound impact on financial literacy for the younger generation.

Business keywords: financial education, digital piggy bank, financial literacy, parenting tool, mobile application, child development, savings app, digital currencies, financial habits, children's finance, startup, investing in children, educational technology, responsible finance

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed -
26 Nov 2017
Seed Round $700.00K 2
Seed Capital
Seed Capital, Spar Nord Bank A/S
09 Feb 2017
Seed Round $210.00K 3
Right Side Capital Management Techstars
Right Side Capital Management, Techstars +1
15 May 2016
Product Crowdfunding $82.00K -
15 Sep 2015
Angel Round $80.00K -
01 May 2015
Grant $15.00K 1
Innovation Fund Denmark
01 Jan 2015

Ernit Alternatives & Competitors

View All Alternatives
Ernit vs
Fintune
Fintune Switzerland

FINNY teaches financial skills to children through gamification, open banking, a smart money box, an...

Seed
2-10 employees
Financial Services, Fintech
Ernit vs
Milestone Edu Tech Pte Ltd
Milestone Edu Tech Pte Ltd Singapore

Milestone is a one-stop financial literacy app that empowers children to be money-wise and investmen...

1 employees
Education, Financial Services
Ernit vs
UPUP- Kids Finance Education
UPUP- Kids Finance Education Czech Republic

UPUP - financial education and money for kids

4 employees
Education, Financial Services
View all alternatives

FAQ About Ernit

ERNIT is a digital piggy bank that empowers children to develop healthy financial habits.
Ernit was founded in 2013.
Ernit is headquartered in Denmark.
Ernit operates in Applications, Finance, Financial Services, Fintech, Mobile and Banking. Its work centres on financial education, digital piggy bank, financial literacy and parenting tool.
Ernit has approximately 11-50 employees.
Ernit has completed 6 funding rounds, raising a total of $1.09M. The latest funding stage is Seed.
Top alternatives and competitors to Ernit include Fintune, Milestone Edu Tech Pte Ltd, UPUP- Kids Finance Education, Bex Card, Mozper. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ernit and Fintune are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ernit, https://bouncewatch.com/company/ernit, updated 14 November 2024. When citing, please name BounceWatch and link this page.

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