Wingocard offers a mobile banking app and Visa debit card for teens (13+) that lets parents sponsor accounts, send money, and monitor spending while teens request funds and learn to manage allowances. The product includes digital and physical Wingocard Visa debit cards and guarantees no overdraft fees. Wingocard emphasizes gamified financial‑literacy features and plans to expand its product offering with new gamification and learning tools. The company participates in Visa’s Fintech Fast Track program and its prepaid Visa card is issued by Community Federal Savings Bank. Wingocard reports strong early demand with over 75,000 teens on the waitlist and a referral/share rate above 65% for registrants. It intends to use recent funding to accelerate growth and roll out additional features. Wingocard is a mobile banking app for teens and parents that pairs a Visa debit card with parental controls, allowing parents to instantly transfer money and control spending. The app enables teens to purchase items anywhere and to send and receive money with friends and family. Founded by Sebastien Brault, Mehdi Mehni and Salvatore D’Agostino, the company aims to strengthen financial literacy for teenagers. Wingocard plans to launch its mobile app this fall and already has 50,000 new users on its waiting list. The company closed a $2M seed round and intends to use the funds to continue expanding operations and its business reach. Wingocard is based in Montreal, Canada.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

May 2021