Spendsafe Inc.

Spendsafe Inc. is a Canada-based startup, established in 2019, that offers the Spendsafe Visa* Reloadable Prepaid Card designed for kids, with a focus on financial literacy. Their slogan, "The Prepaid Card Made For Kids And Trusted By Parents," reflects their target audience and value proposition. The startup provides a mobile app that encourages a shared experience between parents and children, promoting practical money management skills in an interactive manner. Their innovative platform empowers parents by enabling them to monitor and manage their children's financial activities effectively. The Spendsafe Visa* Reloadable Prepaid Card allows parents to deposit and allocate funds for their children, facilitating a learning experience in crucial financial concepts such as saving, budgeting, and money management. This approach aims to build a strong foundation for the financial future of children. The startup operates in the Education and Payments industries, reflecting its dual focus on fostering financial literacy and providing a practical payment solution for minors. Currently, there is no available information regarding their last investment or the involved investors. Overall, Spendsafe Inc. aims to leverage technology to promote financial education and responsibility among the younger generation, with a focus on practical, hands-on learning experiences.