New App For Financial Investments

Project Synopsis

The objective was to create a mobile and web-based application at the intersection of Fintech and ed-tech that seeks to empower Indian teenagers with financial awareness and literacy.

After collaborating with Valuecoders, the client expected a platform comprising a market simulator where teens could invest their virtual money into Crypto Currency, Stocks, and Mutual Funds that real-time market prices would drive.

Through this, they can attain virtual gains on different ‌assets, which they can cash out for discounts when making purchases using the card. The engaging environment also allows users to create competitive leagues and develop a community like playing fantasy sports.

Project Requirements

This application will enable teenagers to invest in virtual cryptocurrency, stocks, and mutual funds. This app is useful because they can make substantial gains on these assets while also getting discounts on real-life purchases when they purchase with their card.

Along with that, multiple features are attached to the application to gain maximum benefits by investing and shopping.

• It offers an organized set of curated learning modules from industry experts, such as DSP and Edelweiss MF. The user can answer a short quiz that allows them to win virtual money.
• A certificate will be provided after evaluating the user on the content.
• The client wants a fully secure smart prepaid card launched in partnership with an RBI licensed PPI, which gives users insight into managing their money and preparing for a secure future in the real world.
• The card can be used in physical stores (contactless and numberless) and online via a linked digital wallet on the app.
• The user will get many opportunities to win rewards, perks, and great deals on their favorite brands.
• The virtual winnings on this simulator can then be redeemed and used to get real discounts on the prepaid card.

Type Of Users

End Users (Teenagers)