Founded in 2017 by Diana Brondel, Xaalys was a fintech startup targeting adolescents in France. Its mission was to promote financial literacy among young people by offering a controlled and educational banking experience. The service included a mobile application for both the teenager and their parents, a Mastercard payment card, and features for managing pocket money, setting savings goals, and tracking expenses. Parents could monitor transactions, set spending limits, and instantly transfer money. Despite raising over €3 million in funding, the company faced financial difficulties and was placed into judicial liquidation in February 2021. Its brand and assets were subsequently acquired by its competitor, Vybe.

Founded in

France