WALO

WALO is an innovative startup from Canada that offers a financial management app and debit card specially designed for children. The company's slogan "The App & Card for Money-Smart Kids" reflects its mission to educate kids about money management in an engaging manner. WALO enables parents to automate allowances, assign tasks, and monitor their children's learning and spending through a secure platform. Founded in 2018, the company focuses on EdTech, Education, Financial Services, and Fintech, addressing the growing need for financial literacy in younger generations. WALO's recent success includes securing a substantial $1.10M in a Seed Round investment on 28 February 2022. Notable investors in this round include Gouvernement du Québec, Backbone Angels, Desjardins Capital, Granicus Group, and WatchMojo.com. The company's unique approach to bridging the financial literacy gap by engaging parents in their children's financial education coupled with the use of proprietary algorithms that guide users through a gamified learning experience positions WALO as a promising player in the fintech space. With its focus on empowering children to develop good financial habits, WALO has the potential to make a significant impact on the future financial literacy of younger generations.