Research shows that children who talk about money and are given money regularly to spend and save tend to do better with money when they grow up. Because children are developmentally capable of saving from age 5, it’s important to start building good money habits as early as possible.
Our CEO Mat hosted a live Q&A on Instagram last week and there was a lot of love for the idea of the HyperJar Child Card. This free service launches later this summer, and will help teach under 18s money management skills, give parents a bit of control over where pocket money is spent and let friends and grandparents top up accounts with birthday fivers.
Lots of important pieces are falling into place before our public launch later this summer. We’re really happy to announce Salt Edge as our open banking partner. This means that, once we're fully launched, you’ll be able to add HyperJar to other apps that show all your financial accounts in one place.
We’re excited to announce that we’ve partnered with AMARA, the luxury homeware brand. AMARA connects you to the latest and most exciting collections from the world’s leading luxury home brands. With AMARA, you’ll find exclusive pieces, limited edition designs and the newest collections before anyone one else.
Last week our CEO Mat Megens hosted an Instagram Live and answered some questions from our HyperJar users. He also mentioned some new features that are coming this summer. We’ve put this blog together with all the answers to the questions he was asked just in case you missed the Instagram Live. Thanks to everyone who sent in their questions!
This week we spoke to Amy and Nick, members of a volunteer group in Waltham Forest raising money to make PPE scrubs for local NHS workers. They’re using our Shared Jars feature to manage the money raised and track how it’s being spent.