Fintech That Helps Kids Manage Money

Fintech That Helps Kids Manage Money

Assessment

Interactive Video

Business, Social Studies, Health Sciences, Biology

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses how children are becoming more financially confident through an app that encourages learning by doing. It highlights the importance of starting financial habits young and the intangible benefits for parents, such as peace of mind. The business model focuses on educating children without conflicting with retail interests, supported by a subscription service. A unique partnership with MasterCard addresses the digital spending habits of children. The company aims for global expansion, ensuring a path to profitability while impacting millions of children worldwide.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the intangible benefits that parents can see from using the financial education app?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the app aim to relieve the pressure and stress of parents regarding their children's financial habits?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary focus of the business model mentioned in the text?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the partnership with MasterCard as described in the text?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it considered unsafe for children to receive their allowance in cash?

Evaluate responses using AI:

OFF