That is what we are building at Velo, Fiji's family money platform, made to teach the next generation.
The Vuvale Card is a parent-linked prepaid card for children aged 6 to 17, paired with financial education through Velo Kaji's. It gives kids a real financial tool where they learn to earn, budget, save, spend, and even share.
Shown in-hand / with family · imagery to come
Children learn inside Velo Kaji's, the financial-education layer built into the card.
Parents stay in control. Parents set spending limits, view all transactions, and approve activity.
In Fiji, 81% of adults have a smartphone, 86% hold a payment card, and 78% use a digital wallet, but the average adult scores about half on basic financial skills (26 out of 52), and many cannot identify a common online scam. Financial education has not kept pace with financial technology.
UNCDF Digital & Financial Literacy Survey, 2023Velo's vision is to close that gap from childhood, teaching financial skills as kids grow.
A child today can pass a test on Monday and still have no idea how money works in the world they are growing up in. Learning without practice is theory, and practice without learning is risky. The gap between how money is taught and how it is lived is what I built Velo to close, because our children deserve to grow up in a digital economy they can understand and fully participate in.
We have created a way for children to safely learn money by living it, with their family beside them. The children we reach today are our future leaders, entrepreneurs, breadwinners and decision makers. And they deserve to be prepared for that future.
Alex Grey, Co-founder & CEO
Draft, pending founder approval