Back to Feed
Fintech▲ 70
Cash App Launches Financial Literacy Tools for Kids
PYMNTS·
Cash App is introducing a new managed accounts feature designed to help parents and legal guardians oversee finances for children aged 6 to 12. This functionality provides a dedicated section within the app for parents to distribute allowances, allocate savings, and monitor their child's spending habits. The initiative aims to foster early financial literacy by offering a controlled environment for young users to learn about managing money under parental guidance.
Tags
fintech
product
regulation
Original Source
PYMNTS — pymnts.com