Zywa - money app for students 10.8.13-release

Welcome to Zywa - a neobank catering to the younger generation and developed by members of Gen Z!

Zywa has a clear objective of promoting financial literacy among teenagers in the Middle East, delivered with a touch of sophistication.

The platform offers a prepaid card and a financial management application designed exclusively for young individuals aged between 13 and 21 in the Middle East, with an initial launch in the UAE. Zywa provides a seamless solution for teen payments, both online and offline, through the Zywa Card. This specialized card operates akin to a debit card, created specifically for teens.

Through the app, adolescents can handle their expenses, transactions, and money transfers. Parents also have access to the same platform to send money securely to their children. This system ensures that teenagers can spend within predetermined limits under the supervision of their parents.

At Zywa, the vision is to establish a user-centered banking application for young adults that fulfills all their financial needs. The platform aims to transition Gen Z smoothly from traditional cash transactions to digital payments without requiring a traditional bank account, all facilitated by a user-friendly application. To ensure maximum safety and security, Zywa complies with CBUAE guidelines.

Key Features for Teens:

• Ability to make independent payments
• Sending and receiving money from friends and family
• Contactless payment at preferred stores
• In-store purchases with the personalized Zywa Card
• Expense splitting with friends
• Saving toward specific goals, such as gadgets, through tailored savings plans
• Earning rewards and exclusive offers on the platform

Advantages for Parents:

• Convenient money transfers to your child from any location
• Transparent monitoring of your child's expenditures
• Promoting financial independence and literacy in your child through practical usage
• Rigorous security measures aligned with CBUAE regulations mandate KYC verification for both the parent and child

Enhanced Security Features:

• Operational security through Mastercard/Union Pay networks
• PCI DSS compliance avoiding bank account links
• Dedicated team of experts for fraud detection and hacking prevention
• Every transaction is safeguarded
• Immediate card lock, pause, or PIN change options accessible anytime, anywhere
• 24x7 customer support for immediate assistance

Zywa pledges to manage your finances securely so you can concentrate on enjoying teenage life. For any inquiries or feedback, do not hesitate to contact us at [email protected].