Edfundo - The UAE's first money management app built by teachers used by students.

Edfundozafar2025-02-28T10:30:00+00:00

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Financial Education Starts with Edfundo

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Building good financial habits needs to start early, and the best way to learn this is by experiencing it in the real world.

Look who we are collaborating with

I am the Edfundo Card and App that offers…

A VISA prepaid card for kids & teens
Instant transfers & automatic scheduling of allowances
Flexible parental controls to help manage spending in-store & online
Google Pay & Samsung Pay (Apple Pay coming soon in 2025)
Saving pots and saving goals
Cash withdrawals from any ATM
Financial education

With

No hidden fees

Our Fees

AED 180 per year

(That’s AED 15 per month)

Add up to 5 child accounts, each with a FREE virtual and prepaid Visa card
No more account top-up fees! Use our new in-app bank transfer option and top-up from any UAE bank for FREE!
Saving goals to help build savings habit
FREE parent-to-child instant transfers
Edfundo accounts for both parents and children
Parental controls
Tracking to help your children see (and stay in control of) their spending
Automated pocket money payments

Please see T&Cs for further information on fees

How we help protect your account

All funds are securely held with our partner bank

You can instantly block or unblock your child’s account and card

3D-secure authentication for online transactions

Good habits last a lifetime

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Edfundo is committed to encouraging a healthy relationship with money from a young age. The good news is, it’s never too late to learn.

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Edfundo is crowned!

‘Best Start-Up’ at the Middle East & Africa Seamless Awards 2022

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Thousands of parents are investing in their children’s future. Join them!

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We don’t mind everyone talking about Edfundo
Here’s what some of you have to say:

I need this app now! My child spent a fortune on gaming using my bank card without me knowing.

Laura, Mother

I have 3 children using the chore tracker feature in Edfundo making my life so much easier.

Theresa, Mother

I always have to check the balance of my allowance with my parents. Edfundo does this for me.

Ali, Student

Check out the Edfundo Blog

Safeguard Your Investments: Beware of Scams

edfundoadmin2024-06-24T12:54:31+00:00June 24, 2024|Education|

Safeguarding Your One-Time Passwords (OTPs)

edfundoadmin2024-06-24T13:01:57+00:00May 21, 2024|Education|

Beware of Fake Banking Apps: Protect Your Financial Information

edfundoadmin2024-06-24T13:10:49+00:00April 19, 2024|Education|

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© Edfundo 2021. All rights reserved

Where your money experience happens

Edfundo Tech Limited
PO BOX 74777, Unit 201, Level 1, Gate Avenue – South Zone Dubai International Financial Centre Dubai, UAE.

The Edfundo card is issued by Mashreqbank PSC, pursuant to license by Visa. Visa is a registered trademark of Visa Inc. Nymcard Payment Services LLC is authorised by the Central Bank of The UAE, holding the Retail Payment Services and Card Schemes license in accordance with the Decretal Federal Law Bo. (14) of 2018 Regarding the Central Bank & Organization of Financial Institutions and Activities, and Regulatory Framework.