App Profile: WALO

WALO's mission is to ensure the financial health of future generations. Our mobile app teaches teens how to manage money through a simple and convenient financial education tool. The app educates the kids about complex financial concepts in a very friendly and easy manner through gamification. The WALO app also empowers parents to to teach their kids about good spending and saving habits, get them on the path to financial autonomy and raise them to become money-savvy young adults.

Features for parents:
- Assign tasks to kids and pay them in cash when your child completes the task
- Set regular allowances for recurring tasks and keep track of it
- See your child's saving goals and contribute to the goals by paying in cash
- Secure your app with multi-factor authentication (by password and pin)
- Add multiple children
- Check kids progress on their financial education journey

Features for kids/teens:
- Easily manage all your tasks in one place
- Earn rewards when you complete quizzes, or follow our smart recommendations
- Invite your friends, share your progress and learn together
- Keep track of your money and allowance
- Redeem earned coins in the WALO store
- Set saving goals and see your contributions grow

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Please go through the following steps to set up your parent account:
- Sign up and add your kids
- Get your kids to activate their account
- Set up an allowance for your kids
- Encourage your kids to define a saving goal
- Set up tasks (or chores) for your kids