Slonkit

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2010
LOCATION: India
Last Update: 17/07/2020

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About

India's first money management app linked to a physical VISA card.

MEDICI Analysis

Slonkit is the smarter way to manage pocket money. It is a mobile app and VISA-DCB Bank reloadable prepaid card for children aged 10 and above.

Focus

PRODUCTS & SERVICES

Money management app and prepaid card. Slonkit helps youngsters plan their pocket money and manage their expenses and save money accordingly.

REVENUE MODEL

The company charges card fees from the second year of use.

EXISTING PARTNERSHIPS

Partnership with DCB bank

Subway

OLA

Pizza hut

Zomato

Myntra

Swiggy and Zesto

COMMENT

Slonkit is a money management tool helping children in practicing money management skills.

People

FOUNDERS

Murad Nathani

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Capital First

KEY EMPLOYEES:

Javed Tapia

Momentum

FUNDED

NO

DATE OF LAST FUNDING

Apr 2017

LISTED

NO

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