Z1 is a digital banking app made for teenagers and young adults. By using the Z1 app and a prepaid card linked to their account, teenagers can begin their road to financial independence by learning to manage and spend their money, as well as having a place to receive money they earn through jobs and small businesses.
The startup founded by Thiago Waddington Achatz, Mateus Craveiro, Sophie Secaf, and João Pedro Thompson recently raised USD $10.8M in a round led by Homebrew, Parade Ventures, Kndred ventures, and included the participation of Costanoa Ventures and Newtopia VC, among others.