
Treasure Financial
Building a better way to help kids develop good money habits early.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | CAD186k | Seed | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Treasure Card is an innovative financial technology startup based in Toronto, Canada, that focuses on educating the next generation about money management. The company offers a prepaid debit card specifically designed for kids and teens, aiming to teach them the fundamentals of earning, spending, and saving money.
The primary clients of Treasure Card are parents who want to instill financial literacy in their children. By using the Treasure Card, kids can perform chores to earn their allowance, which is then loaded onto their prepaid debit card. This hands-on approach helps children understand the value of money and the concept of delayed gratification, as they save up for larger purchases.
Treasure Card operates in the financial education and fintech market, targeting families with children. The business model revolves around providing a subscription-based service where parents pay a monthly fee for access to the platform and its features. These features include tracking spending, setting savings goals, and receiving financial tips and lessons tailored for kids.
The company makes money through subscription fees paid by parents. Additionally, Treasure Card may earn revenue from transaction fees when the card is used for purchases. The card is issued by Peoples Trust Company under license from Mastercard, ensuring it is widely accepted and secure.
In summary, Treasure Card is dedicated to making the next generation financially savvy by providing parents with the tools to teach their kids how money works in a practical, engaging way.
Keywords: financial literacy, prepaid debit card, kids, teens, chores, allowance, savings goals, fintech, education, parents.