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Osper
Founded 2012
Headquarters London
Website http://www.osper.com

Osper

Established by fintech entrepreneur Alick Varma, formerly of McKinsey and Spotify, Osper helps parents to teach their children about money management through practical experience. Using a secure, dual-controlled app, the company allows parents to safely and gradually transfer responsibility for money to their children. The app is linked to a prepaid card, supported by Mastercard, through which young people, aged 8 - 18, make their own spending and saving decisions: online, in shops, at cash machines and abroad. All money on Osper is safely managed by a European regulated bank. Osper’s investors include Index Ventures, Horizons Ventures and a number of respected entrepreneurs in the fintech community. The company has just closed a $10m (£6m) funding round.”