It’s banking and personal finance with training wheels.
Pennybox is a part EduTech, part FinTech start up based in Sydney that’s reinventing the way that kids learn about money, banking and finance concepts such as earning, saving, spending and investing.
Pennybox uses a collaborative family approach to money education. Kids complete a structured money syllabus using technology, while parents can monitor how kids are progressing.
Pennybox aims to be educational and transactional at the same time. Kids can learn about money and also be able to earn, save, manage and spend real money.