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

Edfundozafar2024-06-08T07:47:29+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 2024)
Saving pots and saving goals
Cash withdrawals from any ATM
Financial education

With

No hidden fees

Our Fees

180 AED per year

(That’s 15 AED/month)

Add up to 5 child accounts, each with a FREE virtual and prepaid Visa cards
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 them build a savings habit
FREE parent to child instant transfers
Edfundo accounts for both parents and children
Parental controls
Tracking to help them 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 held securely 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

4-min

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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Join thousands of parents investing in their children’s future

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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 kids so using the chore tracker feature in Edfundo would make my life so much easier.

Theresa, Mother of three

I always have to check with my parents to see how much of my allowance I have left. Now the Edfundo app can do this for me.

Ali, Student

Check out our blog

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Beware of Fake Banking Apps: Protect Your Financial Information

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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.