Little Wallet is a startup that offers a fun and engaging app aimed at helping kids and teens learn, earn, budget, and save money, while fostering independence and responsibility for their future. The app is designed to teach early financial literacy through gamification, making it an engaging learning experience for the youngsters.
The app is a financial technology firm, not a bank, with banking services provided by a legitimate financial institution regulated by the Monetary Authority of Singapore (MAS). The startup was founded in 2021 and operates within the industries of education, financial services, fintech, mobile, payments, and banking.
Little Wallet recently secured a $1.60M Pre Seed Round investment on 30 March 2023, with the investment coming from Tikaani Partners. This injection of funds is expected to further fuel the growth and development of the app, allowing it to reach more young users and expand its impact on financial literacy within the target demographic.
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