Mozper Raises $3.55M To Develop Debit Card For Kids

Four months after graduating from Y CombinatorMozper has launched in Mexico and raised a $3.55 million seed round to develop an app and debit card program designed for children and parents in Latin America, Crunchbase reports.

Mozper, which essentially aims to digitize children’s pocket money, operates out of Mexico City and was founded in December 2019 by Gabriel Roizner, Pablo Klestorny and Yael Israeli. Parents in Brazil and Mexico alone give $10 billion annually in pocket money to their children, Mozper’s CFO Israeli told Crunchbase News.

Read more: Crunchbase News