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Pencilton logo — India's first app for kids & teens to manage and spend pocke...

Pencilton

India's first app for kids & teens to manage and spend pocket money while learning about money in a fun, gamified way.

Founded 2017 India Hyderabad, India 2 employees Pre Seed Total: $330.00K Education, Finance

General Information

Company Name Pencilton
Founded Year 2017
Location India Hyderabad, India +1
Employees 2
Industries Education, Finance
Funding Stage Pre Seed
Social

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About Pencilton

Pencilton is India's first app for kids & teens to manage and spend pocket money while learning about money in a fun, gamified way. Founded in 2017, Pencilton allows kids to receive, manage, and spend pocket money while learning the basics of money. The platform offers various features for parents, such as Savings Challenges, Reward-based Chores, Spend Analysis, Parental Controls, and more. Additionally, kids can obtain their own debit card, spend via UPI, monitor their spending, set savings goals, plan their budget, request money when needed, and make real-world decisions related to money. The last investment round, a $330.00K Pre Seed Round, took place on 27 July 2021. Notable investors in this round include Jupiter, Prashant Singh, Ashish Sharma, Himanshu Sharma, Kunal Sinha, Tirumalareddy Karri, Nilesh Patel, and Vignesh Ramanujam. As an app operating in the Education and Finance industries, Pencilton aims to introduce kids to money the right way, showcasing the potential to revolutionize financial education for the next generation.

Taxonomy: financial education, pocket money management, kids app, teens app, gamified learning, debit card for kids, Savings Challenges, Reward-based Chores, UPI for kids, parental controls, budget planning, financial decision making, money management for kids, financial literacy

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round •••••• 8
Investor
•••• •••• 		27 Jul 2021

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FAQ About Pencilton

India's first app for kids & teens to manage and spend pocket money while learning about money in a fun, gamified way.
Pencilton was founded in 2017.
Pencilton is headquartered in Hyderabad, India.
Pencilton operates in the following industries: Education, Finance.
Pencilton has approximately 2 employees.
Pencilton has completed 1 funding round, raising a total of $330.00K. The latest funding stage is Pre Seed.
Top alternatives and competitors to Pencilton include Spriggy, WALO, Leap, Masroofi, GoHenry. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pencilton and Spriggy 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.

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