TLDR:
BankingON has raised Series A funding to launch Boucoup, a family finance mobile banking platform for credit unions.
Credit unions can use Boucoup to offer parents convenient tools such as instant allowances and chore-based rewards to teach their children essential money skills.
Austin-based fintech company BankingON has raised Series A funding led by Eagle Venture Fund in order to launch Boucoup, a family finance mobile banking platform for credit unions. Boucoup allows credit unions to offer parents the tools to help teach their children essential money skills. The platform takes an existing credit unions core banking system and branded debit card, offering parents a comprehensive banking and educational solution.
Boucoup offers a number of features, including instant allowances and chore-based rewards, and has an intuitive graduation feature so that users can transition seamlessly into adult checking and savings. Boucoup’s mission is to empower parents to model and teach essential money skills to their children, whilst increasing money skills and providing peace of mind for the next generation.
