Teenz Power by Agora
Agora Services
Agora’s Teenz Power is a fully customizable, white-labeled solution that allows parents to pre-open a teen bank account for their children. It permits parents to manage and monitor their children’s money easily and safely. The teen account gives parents the ability to receive notifications when their child spends money and includes security settings that will enable parents to control how a card is used.
In 2020, teens spent over $160B. Financial Institutions don’t have the resources to allocate to digital banking strategies internally, but if they want to stay competitive and capture this area of the market, they need to deliver a turnkey, automated digital banking solution. By offering financial literacy tools, Financial Institutions can secure long-term customer relationships and instill the value of money management.
Parental controls and easy onboarding for children
Establishing accounts for children is fast and simple. Advanced card controls allow parents to setup where and how cards are used.
White-labeled, fully customizable solution
Delivers a branded, fully white-labeled digital banking solution with real-time transactions, reporting, and advanced card controls.
Seamlessly Integrate with your core
Core agnostic digital banking solution, the current platforms stay in place.
General information
How it works
Children’s account management
Parental control over child accounts from both parent’s phones.Real time data
The teen account gives parents the ability to receive notifications when their child spends money at ATM machines, for online transactions, at POS.Dedicated app for the teen
With the exact same specification of a standard challenger bank account and the option to request and receive money from their parents, in real-time.
How it looks
Videos
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