Founded in 2006 by software veteran Bill Dwight, FamZoo, Inc. is a financial technology company focused on family finance. Its mission is to help children develop sound financial skills from an early age through hands-on experience. The company provides a "virtual family bank" that pairs a parent-managed app with prepaid debit cards for kids and teens, allowing for automated allowances, chore tracking, savings goal management, and controlled spending. The service is designed to be a practical educational tool for teaching concepts like earning, saving, spending, and giving.