Quebec, Canada
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.
Get