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Osper
Founded 2012
Headquarters London
Website 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.”