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US financial literacy app Jassby plans virtual debit card for kids

November 3, 2020

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The app, first founded in 2017, provides a virtual debit card for young adults and teenagers. The account is connected to a parent, who can manage their child’s spending.

Currently users are only able to spend their funds in a Jassby-hosted online store. With the launch of a virtual card the fintech hopes to expand this to the wider world.

Jassby’s services are underpinned by Ohio-based Sutton Bank, through which it will issue its prospective virtual card in November.

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