An Alliance Between Woli and Paynetics to Promote Financial Literacy Among the Youth

Woli, a smart money app based in Athens, has announced a collaboration with Paynetics to promote financial literacy among children and teenagers across Europe, as stated in Fintech Global News. This partnership combines Woli’s innovative money management platform with Paynetics’ expertise as a leading embedded finance provider, aiming to revolutionize how young people understand and manage their finances.

Woli’s platform is designed to empower young users, offering them tools and resources to manage their finances effectively. Paired with Paynetics’ robust financial infrastructure, this collaboration seeks to embed practical financial education into the lives of the younger generation.

Vasilis Zoupas, CEO, and Co-Founder of Woli expressed his excitement about the partnership, highlighting the importance of financial literacy among the youth. He stated, «Financial literacy amongst the youth is something that we’re very passionate about, and this partnership has not only allowed us to provide a workable and flexible platform but also affords us the opportunity to scale our business across Europe and the UK.»

Ivo Gueorguiev, Co-Founder at Paynetics UK, emphasized the significance of improving financial literacy among youth, stating, «With financial literacy rates across the population frighteningly low, improving financial literacy among youth is more important now than ever.» He praised Woli’s commitment to empowering children and teens to manage their finances responsibly.

This collaboration between Woli and Paynetics represents a significant step towards enhancing financial literacy among young Europeans, ensuring they are well-equipped to navigate the financial world confidently.