Xaalys

Xaalys is the first French mobile bank designed for teenagers. Xaalys provides 12 to 17 years old teens with a customized debit card and a BIN sponsored account. The Xaalys account is co-managed by the parent who can safely validate the teenager's transactions and purchases directly in his own dedicated interface. Xaalys has been designed to foster teenagers' financial literacy while paving the path to financial independence because we are convinced that mastering your own money, no matter how small the amounts are, is key to raise more responsible adults. As it is opened to everyone, disconnected from any traditional banking network, the Xaalys mobile bank reinvents digital banking by giving teenagers access to wish lists, shareable money pots, simplified saving programs, a chat feature to communicate with their "tribe" (friends and family) and gamified financial literacy content to improve financial literacy. Amongst Xaalys' partners are to be found Mastercard and La Finance pour Tous, an association according to the law of 1901, approved by the French Ministry of National Education, to tackle the subject of the financial literacy of French citizens. Offered for sale since the 15th of April, Xaalys has been founded by Diana Brondel.