Mozper
Mozper, a fintech company based in Mexico City, offers a prepaid card and financial education tools for children in Latin America, designed to teach them about personal finance in a secure and practical way.
Company History
Mozper is a fintech company that has evolved within the industry of banking and exchange. It was part of the S20 batch at Y-Combinator, a well-known startup accelerator. Over the years, Mozper has developed a specialized product designed for the financial education of minors. By helping over 500,000 families, the company plays a crucial role in teaching financial management to younger generations in Mexico and Brazil.
Products
Mozper offers a prepaid card aimed at financial education and control for families. The card functions like a credit card but does not generate debt or monthly bills and is blocked for inappropriate establishments and purchases, such as alcohol and tobacco. There are two plans available: the Basic Plan, which is free and includes an account and card for one child, and the Learning Plan, which costs R$ 13.75 monthly with annual billing or R$ 25.00 monthly. The Learning Plan includes additional features like accounts and cards for four children, savings goals, paid chores, spending categories, and automatic allowance.
Services
Mozper provides an app and prepaid card service designed to teach financial responsibility to minors. The app allows parents to manage allowances, set spending rules, and track savings goals for their children. Features include automatic allowance, savings goals with returns, paid chores, and spending categories. Parents have the ability to decide how much and where their children can spend using the Mozper card, enhancing financial control and education within the family.
Media Coverage
Mozper has been featured in several reputable media outlets, highlighting its impact on financial education. Media mentions include TechCrunch, Entrepreneur, Business Insider, Folha de S.Paulo, Estadão, and Valor. This coverage has helped raise awareness around the company's mission and has contributed to its credibility and reach in the fintech industry.
Operational Regions
Mozper operates mainly in Mexico and Brazil, with additional support for remote operations. The company has established itself as a significant player in the Latin American fintech market, offering its services in both regions. Its fully remote capabilities allow Mozper to remain flexible and accessible for diverse client needs.