{"id":14626,"date":"2022-02-22T12:30:09","date_gmt":"2022-02-22T08:30:09","guid":{"rendered":"https:\/\/pressreleasenetwork.com\/site\/?p=14626"},"modified":"2022-02-22T12:30:12","modified_gmt":"2022-02-22T08:30:12","slug":"edfundo-launches-worlds-first-financial-intelligence-lab-smart-money-management-app-built-by-teachers","status":"publish","type":"post","link":"https:\/\/pressreleasenetwork.com\/site\/2022\/02\/22\/edfundo-launches-worlds-first-financial-intelligence-lab-smart-money-management-app-built-by-teachers\/","title":{"rendered":"Edfundo Launches World\u2019s First Financial Intelligence Lab & Smart Money Management App Built By Teachers"},"content":{"rendered":"\n

Two UAE-based teachers have fused EdTech with FinTech to create the first financial intelligence hub, complete with a learning resource and a smart money management app built by educators to nurture money management skills among kids and teens.<\/p>\n\n\n\n

The purpose-built learning resource – the Edfundo Learning Lab – comprises a mix of face-to-face and micro online, free, and paid-for educational programmes.<\/p>\n\n\n\n

It is designed by Simon Wing and Andrew Toward, co-founders of the Edfundo app and pre-paid debit card aimed at empowering youngsters to learn, earn, spend, and save in the impending cashless society.<\/p>\n\n\n\n

Wing, Edfundo\u2019s CEO, says financial illiteracy is rife in children and many adults making the Learning Lab an essential adjunct to Edfundo\u2019s core product ensuring financial education underpins the transformative neobanking business model.<\/p>\n\n\n\n

\u201cThroughout our teaching careers in the UK and UAE my fellow co-founder Andrew Toward and I have found that commitments to tutoring kids in money management in schools are often hampered by the lack of appropriate teaching tools.<\/p>\n\n\n\n

\u201cThe Edfundo Learning Lab will help plug the gap at home, online and in the classroom. In tandem, the smart money management app and pre-paid debit card will allow youngsters to put their learning into immediate practise,\u201d Wing said.<\/p>\n\n\n\n

Meanwhile, Dubai-based The Aquila School, part of International Schools Partnership (ISP), is the first to join the Edfundo for Schools<\/em> initiative as an Edfundo Education Partner.<\/p>\n\n\n\n

Head of Secondary, Benjamin Atkins said The Aquila School is committed to teaching children pressing life issues, including money management.<\/p>\n\n\n\n

\u201cThe Aquila School ensures learning is engaging, relevant, and based on real life. Partnering with Edfundo supports this and develops an area of our curriculum that is vital to ensuring lifelong skills and good money management.<\/p>\n\n\n\n

\u201cWe are excited that our pupils will be the first in the region to take part in the Edfundo Learning Lab, and practise taking responsibility for their own spending and saving habits with the app and pre-paid debit card, knowing parents will have full oversight and control.\u201d<\/p>\n\n\n\n

\u201cThe Edfundo Learning Lab will also encourage our families to have deeper conversations about the important things in life,as our students nurture positive financial independence.\u201d<\/p>\n\n\n\n

Edfundo\u2019s COO Toward confirmed that parents can also take part in Edfundo\u2019s online and in-classroom micro-learning tips, lessons, and scenarios. Extra-subscription-based, step-by-step modules will also provide full-family access to the virtual community environment where learning follows the \u2018share, show, do\u2019 model, with storytelling content.<\/p>\n\n\n\n

\u201cOur many years of teaching mean Simon and I know children learn by hearing life stories and hands-on experience,\u201d explained Toward, Edfundo\u2019s COO.<\/p>\n\n\n\n

\u201cTo ensure this content is safe, relevant, and exciting we are co-creating and curating the financial education content with the Edfundo programme team and specialist mentors.\u201d<\/p>\n\n\n\n

The Learning Lab\u2019s content is co-created by a group of multi-national specialists led by Wing and Toward and featuring Bahraini-British GenZ Montessori teacher, Tariq Nasser; Saudi FinTech & business development expert, Saleh AlHammad; children\u2019s learning author &former finance executive, Will Rainey.<\/p>\n\n\n\n

The Edfundo Learning Lab will go live in early March with smart money management tips and facts for public access via social media platforms as well as the Edfundo website www.edfundo.com<\/a>.<\/p>\n\n\n\n

Access to the smart money management app and virtual pre-paid debit card will follow within weeks, with the first availability offered to those signed up to the GoLIVEList also at www.edfundo.com<\/a><\/p>\n\n\n\n

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Two UAE-based teachers have fused EdTech with FinTech to create the first financial intelligence hub, complete with a learning resource and a smart money management app built by educators to nurture money management skills among kids and teens. The purpose-built learning resource – the Edfundo Learning Lab – comprises a mix of face-to-face and micro […]<\/p>\n","protected":false},"author":1,"featured_media":14630,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-14626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/14626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/comments?post=14626"}],"version-history":[{"count":1,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/14626\/revisions"}],"predecessor-version":[{"id":14631,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/14626\/revisions\/14631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media\/14630"}],"wp:attachment":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media?parent=14626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/categories?post=14626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/tags?post=14626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}