We empower the next generation through financial learning and gamification.
Free plan available. No credit card required.
From the investors of
Airbnb
Cash App
Slack
StockX
PelotonAnnual money reportedly lost by more than 15% of survey respondents due to lack of financial literacy
Many of the challenges kids face today stem from a common root cause: insufficient financial literacy and a lack of tools to build it. The consequences of this gap often become apparent years later (NFEC, 2022).
“A lot of people come out of [school] without having been taught financial literacy in any detail.”
— Denis P.
“To me, the bottom line is that to live the life you want to live, you need to understand how to manage money,”
— Dan M.
The Modak Visa® Debit Card and family app provides the perfect solution for kids & teens to learn by doing. With no required monthly fees*, all families can incorporate financial learning into their everyday lives.
The card, which is shipped for free, offers spend monitoring and can be added to Apply Pay and Google Pay for seamless contactless payments.
Have your kid earn rewards for learning about financial topics and practicing healthy habits like walking, reading, and more.
One app for everyone. Parents can manage chores, allowance, and savings, and fund their kid's account. Kids learn and get rewarded.
Deposit account and the Modak Visa® debit card issued by Legend Bank, N.A., FDIC-Insured.Fees for expedited or premium services may apply. Find out more in our Cardholder agreement.
Our team, comprised of experts from diverse backgrounds in finance, product, technology, operations, and marketing, is driven by a bold mission to create financial solutions for the next generation. Together, we are pioneering a future where financial empowerment knows no boundaries. We are led by our Co-Founder and CEO, Madhu Yalamarthi. A former Venture Capitalist with extensive experience in fintech and education, and an MBA from Stanford Graduate School of Business with the Arjay Miller Scholar distinction - Awarded to the Top 10% the graduating class.
“Great starter card for young teen. My son loves that he has his own money somewhere safe. Customer service was really quick to help us as well.”
“Its so nice to be able to encourage my children manage their finances, the app its gettin better every time and I'm glad for it.”
“Great card!! My son is so happy and is more responsible with the chore money he earns now! Having this card is teaching him to be financially responsible.”
Join families raising kids who know what to do with money.
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