SquareOne - Youth Money

Editor's Review

In today's cashless society, teaching kids about money can be a challenge. 🤔 They see us tapping cards, but don't grasp where money comes from or its real-world value. 💸 That's where SquareOne comes in! 🎉

SquareOne offers a contactless card and account for kids, managed with smart parental controls. It's designed to teach them about pocket money, jobs, and savings in an engaging way. 🏦 This Kiwi team aims to empower the next generation to be great with money, learning from the challenges the founders faced. 🌟

Why SquareOne is great for kids:

• First eco-plastic card to understand money 💳
• Personal money app, not your grandad's bank! 📱
• Set and hit savings goals 🎯
• Track spending to build lifelong habits 📈
• Real-time balance checks with no overdrafts 💰
• Complete jobs for extra money 💼
• Repay parents with a tap ✅
• Freeze lost cards instantly ❄️
• Send/receive money with friends 👯

Why parents love SquareOne:

• Automatic pocket money and transfers 🎁
• Set spending rules and limits 🚦
• R18 merchant blocking 🚫
• Control contactless, online, and international payments 🌐
• Monitor transactions and savings goals 👀
• Easy top-ups and multi-kid management 👨‍👩‍👧‍👦

SquareOne is fixing the outdated approach to youth accounts, designed by Kiwi parents for their kids and yours. Join the mission to uplift and empower the next generation with financial literacy! 🚀

Features

• Contactless card for kids with parental controls

• Personal money app for tracking spend and balance

• Set savings goals and track progress

• Complete jobs to earn extra money

• Instantly send and receive money with friends

• Easily freeze lost cards for security

• Automatic pocket money and instant transfers

• Set spending rules and limits

Pros

• Empowers kids with real-world money experience

• Parents can set spending rules and limits easily

• Blocks R18 merchants for safer spending

• Real-time transaction monitoring for parents

• Easy top-up and management of multiple kids

Cons

• Requires parental involvement for setup and monitoring

• Dependent on parents consistently managing the app