Brighton, 25 October 2021
Zara Ransley, co-founder of MyPocketSkill, a Gen Z digital platform, which enables teens to Earn, Save and Learn about money, has won the 2021 Female FinTech Competition hosted by Atos, Deutsche Bank, Google Cloud and TechQuartier. The prestigious competition was open to worldwide FinTech companies led by female founders.
Winning the award now gives MyPocketSkill access to an inclusive FinTech ecosystem and the ability to benefit from a wide range of expertise and resources. Joining forces with Google, Atos, Deutsche Bank, and TechQuartier not only allows MyPocketSkill to further develop its embedded finance solution to users but also facilitates its growth plans through the sponsors' know-how in digital architecture, payments & banking, go-to-market and community networks.
“Winning this competition is a real vote of confidence in the innovative Learning by Doing approach that MyPocketSkill has in creating a financially-capable future generation. MyPocketSkill is going through a period of rapid growth and this award will give us access to incredible resources to further scale our GenZ platform that helps teenagers to Earn, Save and Learn about money.”
MyPocketSkill’s mission is to create a financially empowered Gen Z. Set up by two parents in 2017, Zara Ransley and Matthew Harker, who identified a gap between young people’s desire to earn money flexibly and lack of opportunities available for them to do so and importantly the resultant impact on financial education and building essential financial habits. MyPocketSkill applies an interactive, learning-by-doing approach, which connects teens to tasks through three programmes, TeenTutors, TeenSitters and DigitalTeens, and allows young people to save the money they have earned towards savings goals on the platform, through the help of behavioural nudges.
As a successful tech founder, Zara has already been recognised this year as an award winner of 2021's Women in Innovation Prize. MyPocketSkill has also recently concluded a UK-wide innovation pilot with the Money and Pensions Service to demonstrate the efficacy of new approaches to financial education for young people. Aimed at creating ways to improve financial literacy, MyPocketSkill's achievements feed into UK Government goals to help two million more children and young people receive a meaningful financial education by 2030.
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