Strive launches challenger ‘bank’ for families

There’s a new challenger on the block for kids and parents, with Strive launching today with its own take on digital banking and financial education for families, AltFi reports.

Strive, which today announced the acquisition of ‘digital piggy bank’ fintech GoSave, is combining GoSave’s interactive piggy bank with its savings account for kids to help teach better financial awareness to the next generation.

Strive is designed to develop as kids grow up, so starts with a savings account (at £2/month cost to the parent), then develops to an interactive piggy bank (£99 sold separately), a chores and pocket money app for kids 8+, and finally a debit card as they grow up.

Read more: AltFi