WHEN MONEY STARTS TO MATTER

About NuMoola

NuMoola is the industry’s first family-focused consumer banking app that uses real money, gamified education, and the family network to teach kids (and parents!) about managing money, missions, and budgets. The NuMoola App focuses on family togetherness by encouraging family goal setting and initiating conversations about money management. Children gain real world experience with budgeting, spending, donating, and investing the money they earn.

 

Location: Pittsburgh, PA

Year Founded: 2017

Vertical: EdTech

Employees: 1 – 10

Website: NuMoola

Social Media:

Problem

Financial literacy is not a core piece of today’s education curriculum. As a result, reports show that only 16% of Millennials qualify as “financially literate.” Millennial and Gen Z families need to know the ins and outs of financial education to ensure they’re appropriately saving, setting goals, and investing. NuMoola prepares today’s kids for tomorrow’s financial hurdles.

Ideal Customers

Affinity Groups & Education Organizations focused on serving the needs of families and their children’s education.

Milestones

1) We were selected as 1 of 6 Finalists in the Amazon Alexa EdTech Skills Challenge (https://aws.amazon.com/education/alexa-edu/edtech-challenge/). NuMoola’s Alexa Skill is coming soon!

2) We recently partnered with Junior Achievement of Western PA (JAWPA). The NuMoola team is excited to serve the needs of JAWPA’s 70,000 kids in the western Pennsylvania and West Virginia regions and engage their families with our gamified financial education.

3) Version 2.0 of the NuMoola App was officially released this May! The NuMoola App is available for iOS devices in the Apple App Store.

Core Benefits

NuMoola is a family-focused consumer banking App that helps kids (and their parents!) build positive, lifelong money habits. The NuMoola App uses real money, gamified education, and the family network to teach families about managing money, completing missions, and setting up goals. NuMoola makes learning about money management fun, with interactive lessons, comprehension activities, and tips of the week. With NuMoola, parents now have a secure, yet immersive, teaching tool that will engage their kids and allow families to manage their finances. 

Key NuMoola Features include: 1. Family-focused banking that allows children to understand the value of money 2. Adaptive, age-appropriate gamified educational tasks focused on all aspects of banking. 3. With parental guidance, kids set up goals and manage money against those ambitions. 4. Children can set money aside to give to the charity of their choice. 5. A safe environment for children to learn about money, with bank-level security and COPPA compliance.

At its core, NuMoola brings together real money, which keeps the family engaged, and modern technology, such as Alexa Voice Technology, to make learning fun. With NuMoola, your child will strive to achieve success with their money and reach the next level in their financial future.

 

  • Startup Pre-revenue 100% 100%
  • Startup Post-revenue $1 – $2M 0% 0%
  • Scaleup $2M – $10M 0% 0%
  • Scaleup $10M+ 0% 0%

Problem

Financial literacy is not a core piece of today’s education curriculum. As a result, reports show that only 16% of Millennials qualify as “financially literate.” Millennial and Gen Z families need to know the ins and outs of financial education to ensure they’re appropriately saving, setting goals, and investing. NuMoola prepares today’s kids for tomorrow’s financial hurdles.

Core Benefits

NuMoola is a family-focused consumer banking App that helps kids (and their parents!) build positive, lifelong money habits. The NuMoola App uses real money, gamified education, and the family network to teach families about managing money, completing missions, and setting up goals. NuMoola makes learning about money management fun, with interactive lessons, comprehension activities, and tips of the week. With NuMoola, parents now have a secure, yet immersive, teaching tool that will engage their kids and allow families to manage their finances. 

Key NuMoola Features include: 1. Family-focused banking that allows children to understand the value of money 2. Adaptive, age-appropriate gamified educational tasks focused on all aspects of banking. 3. With parental guidance, kids set up goals and manage money against those ambitions. 4. Children can set money aside to give to the charity of their choice. 5. A safe environment for children to learn about money, with bank-level security and COPPA compliance.

At its core, NuMoola brings together real money, which keeps the family engaged, and modern technology, such as Alexa Voice Technology, to make learning fun. With NuMoola, your child will strive to achieve success with their money and reach the next level in their financial future.

Ideal Customers

Affinity Groups & Education Organizations focused on serving the needs of families and their children’s education.

Milestones

1) We were selected as 1 of 6 Finalists in the Amazon Alexa EdTech Skills Challenge (https://aws.amazon.com/education/alexa-edu/edtech-challenge/). NuMoola’s Alexa Skill is coming soon!

2) We recently partnered with Junior Achievement of Western PA (JAWPA). The NuMoola team is excited to serve the needs of JAWPA’s 70,000 kids in the western Pennsylvania and West Virginia regions and engage their families with our gamified financial education.

3) Version 2.0 of the NuMoola App was officially released this May! The NuMoola App is available for iOS devices in the Apple App Store.

  • Startup Pre-revenue 100% 100%
  • Startup Post-revenue $1 – $2M 0% 0%
  • Scaleup $2M – $10M 0% 0%
  • Scaleup $10M+ 0% 0%