Mydoh – Everything you need to know

Mydoh is a Canadian fintech company that offers a digital banking solution designed specifically for children and teenagers, aiming to teach them valuable financial skills while providing parents with tools to manage their children’s finances.

Launched with the goal of promoting financial literacy, Mydoh provides users with a prepaid Visa card and a companion app that allows parents to set spending limits, monitor transactions, and transfer money to their children in real time. This approach not only fosters responsible spending habits but also empowers kids to learn how to manage their money effectively.

Likewise, the Mydoh app features a user-friendly interface that encourages children to engage with their finances actively. Users can set savings goals, track their spending, and participate in earning rewards for completing chores or achieving specific tasks. This gamified approach to financial management helps instill a sense of accountability and encourages smart financial behaviors from an early age.

Overall, by focusing on financial education and empowerment, Mydoh is transforming the way families approach money management. The platform not only equips children with the skills they need to navigate their financial futures but also strengthens the parent-child relationship through open conversations about money.