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Wallit
Information by Research Trustfinance
Founded in 2017 and headquartered in Portland, Maine, Wallit was a financial technology company focused on promoting financial literacy among teens. The company provided a mobile application paired with a reloadable debit card, allowing parents to send money, set spending controls, and assign paid tasks. Teens could use the platform to set savings goals, spend responsibly, and earn cash-back rewards from participating local and national merchants. The company's mission was to empower the next generation with essential money management skills. In late 2022, Wallit was acquired by Plinq, and its services were subsequently phased out and integrated into the new Plinq platform.
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https://www.linkedin.com/company/mywallit/