Fintech That Helps Kids Manage Money

Bloomberg Videos

Updated 9 December 2016 at 5:57 pm

Dec.09 -- When it comes to developments in fintech, it's not just banks, homeowners and business owners reaping the benefits. Kids are learning important lessons in money management through a London-based company called Osper. Osper supplies a prepaid debit card to users aged 8 to 18. Through an app, parents set an allowance, oversee what purchases are being made, and can load money in emergencies, or lock the card if it's been lost or stolen. Bloomberg TV's Anthony Lacavera speaks to the company's founder and CEO Alick Varma.

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