Edfundo

Edfundo is a UAE-based neobank focused on fostering financial literacy among the youth. It provides a comprehensive financial solution for families, featuring a prepaid debit card for children and teens linked to a smart money management app. Parents can use the app to set spending limits, assign chores, and automate allowances, while children learn to earn, save, and spend responsibly. The company's mission is to empower the next generation with essential money skills, addressing a gap in financial education within the MENA region.