Mozper, the debit card and app designed for kids and parents in Latin America, announces the closing of a $3.55M Seed round, led by Hetz Ventures with participation from F-Prime Capital, Foundation Capital, Secocha Ventures and previous investors Dux Capital and John Farrell.


Mozper (www.mozper.com) 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. Mozper is currently available in Mexico.

Mozper Raises $3.55M Seed Round Three Months After Launching In Mexico Bringing Their Total Funding To $5.1M

Description

Company Information

Related People