UAE’s Verity rolls out banking app
Dubai-based FinTech start-up Verity has rolled out a family banking and financial literacy app that aims to provide children aged 8 to 18 with the tools they need to earn, save, give to charity and spend responsibly in a real-life environment.
The platform helps to build a foundation of money management skills and allows parents to control the overall family account, Verity’s founders said on Monday.
“We’re witnessing a real digital transformation here in the region and financial services are taking the lead, with 69 per cent of Mena transactions expected to be cashless by 2023,” said Dina Shoman, co-founder of Verity.
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