Initiate. Control. Educate.

Children Banking from Modefin


When more than 50% of your customers are parents, it makes sense to offer an app that initiates their children into the practice of banking at an early age.

Children Banking enables parents to open a digital account in the child’s name, set savings goals and incentivize family chores to earn reward points. The savings and spending features embedded in the app lay the foundation for prudent decisions and a secure financial future for the younger generation.

Children Banking

value proposition Why "Children Banking" from Modefin

Children Banking Solution

Empowers parents to control nature of transactions, transfer amounts, purchase permissions and spending limits.

Children Banking

Parent and child can mutually decide savings goals and set recurring transfers from the parent’s account.

Children Banking Solution

Individual modules for transactional limits, rewards and loyalty, funds transfer and notifications enable the parent to monitor the child’s account.

Children Banking

Facility for crediting applicable cashback into the child’s account in case of credit card transactions.

Children Banking

Child can make a cardless withdrawal from ATM, based on a preset Limit.

Children Banking Solution

Enables parent to send a Work List to child, and on completion of task, child is rewarded with cash transfer or loyalty points.


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Success Stories

Case study UMB Bank

Universal Merchant Bank Ghana

Universal Merchant Bank (UMB) is a leading indigenous bank in Ghana which offers a diverse range of financial services to meet the banking needs of its customers.

Case Study

Equity Bank Kenya

Equity Bank Fuels massive Transformation; migrates 3.5 mn SIM application Tool kit users and brings flexibility, stability and cost savings.

To learn more about Children Banking download our brochure

write to us If you are from a Bank or Financial Institution, and wish to enquire about a specific platform, product or solution.

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