#FinancialInclusion / US financial literacy app Jassby plans virtual debit card for kids

Jassby provides spending and budgeting tools for children and teens.

Massachusetts-based financial literacy app, Jassby, is set to add contactless payments to its list of family-focused features.

The app, first founded in 2017, provides a virtual debit card for young adults and teenagers. The account is connected to a parent, who can manage their child’s spending.

Parents can apply for the card and select which of their children will have access to it through their mobile app. They can switch the card on or off at will.