By John Glenday

Osper, the children’s pre-paid debit card provider, has raised £6m in funding to finance a UK expansion drive that will see the plastic rolled out nationwide and the export of the concept to international markets.

Currently being tested the bright orange cards have proven popular with children, who view the product as a symbol of responsibility with more than £10k being loaded onto the cards by parents.

This is connected to its own app which provides parents and child with a detailed breakdown of spending incurred as well as transferring money directly from the guardian’s account.

Osper is financed through a subscription model Read full story ›

Source: The Drum