When kids open their next birthday cards, they may not find a tenner from their grandmother in there but rather they’ll get a notification on their smartphone that money has been deposited in their accounts. A new subset of fintech that’s building services for minors and their parents is gathering steam in an increasingly cashless world. Lately An Post has been heavily advertising its new Money Mate product, which is part of its financial services division. The current account and accompanying debit card and smartphone app are aimed at kids and teens between the ages of seven and 15. Debbie…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .