PixPay – Everything you need to know

Pixpay is a French fintech company that focuses on providing digital banking solutions specifically designed for teenagers. Launched in 2019, Pixpay aims to help young people develop financial literacy from an early age by offering a platform where teens can manage their own money under the supervision of their parents.

Moreover, Pixpay provides a prepaid Mastercard, along with a mobile app that allows teens to make purchases, track their spending, and save for personal goals, all within a safe and controlled environment.

Likewise, the Pixpay app is designed with both teenagers and parents in mind. Teens get their own account where they can view transactions in real-time, receive allowances, and set savings targets. They also have access to various financial tools that teach them how to budget and manage money responsibly. Parents, on the other hand, retain full control through a companion app, which allows them to monitor spending, set limits, and approve certain transactions.

Additionally, it provides educational content through the app, with tips and advice on money management tailored to younger users. By combining practical banking tools with a focus on education, Pixpay seeks to empower the next generation to develop healthy financial habits early on.

Since its launch, Pixpay has expanded its services to include more family-oriented features, such as shared expenses and money transfers between family members. It has also broadened its reach across Europe, positioning itself as one of the leading digital banking platforms for teenagers, providing a safe and practical way for young people to learn how to handle money in the digital age.