Leap launches fintech app in the UAE to boost youth financial literacy

Leap launches fintech app in the UAE to boost youth financial literacy

- The app targets youth between the ages of 6 and 18 years old.

- Leap allows kids and teens to set savings goals, analyze their spending habits and earn rewards for completing weekly tasks.

Dubai, United Arab Emirates, 15 November 2022: New fintech startup, Leap, has launched in the UAE to teach kids and teens how to make better money choices. The Dubai-based startup is on a mission to boost youth financial literacy and money management skills, targeting the unbanked population of under-18s. The app is currently available for kids between the ages of 6 and 18 years old in the UAE, with plans to expand into Saudi Arabia and Egypt.

The Leap app is built from the ground up for parents and kids, and is designed to encourage a transparent, fun, and engaging education in money management. The app shines light on the importance of youth financial literacy by incentivizing responsible spending and saving habits - nurturing the next generation's ability to be financially responsible and contribute meaningfully to the economy.

Ziad Toqan, CEO and Co-founder of Leap said: “Financial literacy is a core life skill and surprisingly is something that’s not readily taught while growing up. Most kids get their first