Edfundo is a financial technology company based in Dubai, United Arab Emirates, founded in 2021. It focuses on providing children and teenagers aged 8 to 18 with a comprehensive banking experience that emphasizes financial literacy and money management skills. Created by teachers, Edfundo aims to instill good financial habits in young users through practical tools and educational content. The Edfundo app offers a digital banking experience, featuring virtual and physical prepaid debit cards. Parents can set spending limits, create tasks, and receive notifications about their child's spending. The app also allows users to save, set saving goals, and access educational courses. Edfundo collaborates with schools to enhance financial literacy through workshops and resources. The company has received positive feedback from parents and users for its features, including a chore tracker and spending monitoring tools. Edfundo has raised $400,000 in funding and was recognized as the 'Best Start-Up' at the Middle East & Africa Seamless Awards 2022.