Mozper

Acquired by Sokin
Offers digital banking services for children and families.
Offers digital banking services for children and families.

F-Prime Team

Sector

Technology

Category

Fintech

Status

Acquired

Location

Mexico City, MX

Initial Investment

2020
Mozper

Mozper is bringing the weekly allowance into the digital era in Latin America. About 70% of the population in the region has never received formal financial education, and do not have the right tools to teach their children. In Brazil and Mexico alone, parents give more than $10B each year in pocket money to kids. Mozper offers a Visa debit card and an app where parents can give their kids an allowance, set spending rules (so they can’t blow it all on video games), assign chores and even create and track savings goals.