Goalsetter
Fiserv partners with Goalsetter to offer the free mobile banking and investing app for kids and families that focuses on financial education.
Highlights
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Next Generation of Customers
Bring this award-winning family money platform and financial education to your customers' families to retain their business and capture a next generation of customers.
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Impactful Financial Wellness
Goalsetter accounts come with fun, game-based financial literacy help prevent the wealth gap from becoming a chasm.
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Reach Diverse Customers
Effectively compete in a crowded marketplace for diverse consumers and demographics
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Grow Low-Cost Deposits
Support the funding needs of the bank with low-cost deposits, while delivering an outstanding customer experience
Overview
Fiserv partners with Goalsetter to offer the free mobile banking and investing app for kids and teens that focuses on educating the next generation with fun, culturally relevant financial quizzes that will start them on their path to financial freedom.
Whether for teens wanting financial independence or parents wanting to start saving with their kids, Goalsetter has features and accounts for every need.
Teens and kids can:
- Get their own debit card
- Learn to invest and start their own (parent-approved) portfolio
- Send and receive money instantly
- Earn up to $100 for each friend they refer
- Play financial quizzes based on memes and pop culture
- Save for their goals
- Never have to worry about a missing allowance
- Shop online
Parents can set up amazing features that can:
- Round-up their kid's change on every transaction to save for their goals
- Start auto-allowance, so they never have to worry about remembering to give kids their lunch money
- Turn on the "Learn Before you Burn" rule and their card will turn off Sunday at noon if they haven't taken their financial literacy quiz for the week
- Give their kids a weekly budget and help them stick to it
- Link their kid's chores to their allowance; the allowance is received only when the parent approves it in the app
AWARDS
*Winner of JP Morgan Chase Financial Solutions Lab 2018*
*Winner of Morgan Stanley Innovations Lab 2018*
*Winner of FinTech Innovation Lab 2019*
SAFETY AND SECURITY
Goalsetter uses 128-bit encryption and is backed by the biggest names in the financial industry. We do not store any personal information and do not move money without proper authorization.
