Zywa provides a social banking app and prepaid card aimed at Gen Z (ages 11–25) to receive money, manage funds, and make payments. The app includes parental controls so parents can send money and monitor their children’s spending and saving habits. Zywa plans product features that add a social layer for sharing purchases, community value-adds such as an in-app internships platform, and gamified finance with rewards called Zems and Zyons. The company intends to tokenize those rewards once it reaches a set volume of users (100,000+), enabling peer-to-peer transfers and closed-loop merchant settlements. Zywa earns from card interchange revenue and merchant or brand partnerships. It plans to focus on product, growth, and strategic partnerships and to expand beyond the UAE into Egypt and Saudi Arabia.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2022