Muvin
Teen banking app for India
Why It Closed
Close Down - Failed to monetize teen banking model
🏢 Company Overview
ℹ️ About Muvin
Muvin was an Indian fintech targeting teenagers with a prepaid card and app for financial literacy. It allowed parents to give children controlled access to money while teaching financial responsibility.
The startup closed operations on February 1, 2024, after struggling to monetize its young user base.
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