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WALO logo — The App & Card for Money-Smart Kids

WALO

The App & Card for Money-Smart Kids

Founded 2018 Canada Quebec, Canada 27 employees Seed Total: $1.10M EdTech, Education +2

General Information

Company Name WALO
Founded Year 2018
Location Canada Quebec, Canada
Employees 27
Industries EdTech, Education, Financial Services +1
Funding Stage Seed
Social

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About WALO

WALO, founded in 2018 and headquartered in Canada, introduces an innovative solution to the financial literacy deficit with their product, The App & Card for Money-Smart Kids. This venture operates at the intersection of EdTech, Education, Financial Services, and Fintech.

The company's core offering, a combination of a debit card and an educational app, empowers parents to educate their children on managing finances through an engaging and interactive approach. WALO stands out by allowing parents to automate allowances, track financial activities, and guide kids to make informed spending choices. The use of proprietary algorithms enhances the learning experience through gamification, motivating young users to adopt wise financial habits.

In its last funding round on 28 February 2022, WALO raised $1.10M in a Seed Round, receiving backing from notable investors like Backbone Angels, Granicus Group, WatchMojo.com, Government Of Quebec, and Desjardins Venture Capital.

Business keywords: financial literacy, parenting, allowance management, kids' financial education, debit card, money app, financial responsibility, financial habits, interactive learning, gamified experience, spending tracking, goal setting, financial management, educational app

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.10M 5
Backbone Angels Granicus Group
Backbone Angels, Granicus Group +3
28 Feb 2022

WALO Alternatives & Competitors

WALO vs
Mozper
Mozper Brazil

Mozper offers a card and app designed for kids and parents in Latin America.

Seed
22 employees
Finance, Financial Services
WALO vs
Mellow - Digital Pocket Money
Mellow - Digital Pocket Money Hong Kong S.a.r.

A MetLife Digital Accelerator by Techstars startup - We help parents build kids'​ money habits.

Pre-Seed
1 employees
Financial Services, Fintech
WALO vs
BusyKid
BusyKid

Empowering the next generation of financially savvy leaders, one chore at a time!

Venture round
10 employees
Education, Finance
Also compare with: WALO vs Greenlight Greenlight WALO vs GoHenry GoHenry WALO vs Get Get

FAQ About WALO

The App & Card for Money-Smart Kids
WALO was founded in 2018.
WALO is headquartered in Quebec, Canada.
WALO operates in EdTech, Education, Financial Services and Fintech. Its work centres on financial literacy, parenting, allowance management and kids' financial education.
WALO has approximately 27 employees.
WALO has completed 1 funding round, raising a total of $1.10M. The latest funding stage is Seed.
Top alternatives and competitors to WALO include Mozper, Mellow - Digital Pocket Money, BusyKid, UPUP- Kids Finance Education, Greenlight. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
WALO and Mozper 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 WALO, https://bouncewatch.com/company/walo, updated 28 July 2026. When citing, please name BounceWatch and link this page.

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