Photo - Akount
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Akount

Building the neobank of teenagers

Germany
Market: Financial services
Stage of the project: Prototype or product is ready

Date of last change: 30.03.2021
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Idea

Akount provides teenagers with financial freedom. A debit card usable all over the world and a bank account to save, plan and track all their expenses in one place.
Parents are part of the adventure too, as they get access to a parental portal to help their children navigate their first steps in the banking world.

Current Status

Akount is not live yet. We are allowing customers to register on a waiting list and have a few thousands registered.

Problem or Opportunity

Akount provides teenagers with financial freedom. A debit card usable all over the world and a bank account to save, plan and track all their expenses in one place.
Parents are part of the adventure too, as they get access to a parental portal to help their children navigate their first steps in the banking world.

Solution (product or service)

We have a pre-app accessible to the German and Austrian based audience.
https://play.google.com/store/apps/details?id=de.akount.app
https://apps.apple.com/us/app/akount-teenager-bankkonto/id1552880457

Competitors

All traditional banks
Revolut for kids

Advantages or differentiators

Focus on teenagers, where all other banks consider this audience as a cost center and do not cater for their needs.

Money will be spent on

Marketing, hiring, product development.

Team or Management

5,00
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
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Incubation/Acceleration programs accomplishment
Won the competition and other awards
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