Former Paytm executives to launch youngsters targeted fintech startup Junio

Former Paytm senior vp Shankar Nath Ankit Gera formed Junio, which is a kids-focused sensible card that lets them make digital and bodily purchases. It’s much like Y-Combinator-backed FamPay. Junio acts as a bank card and imparts monetary self-discipline to youngsters, based on its web site.

It permits dad and mom to manage sensible playing cards via the app whereby they will create in-app chore lists and tie them with perks. Junio additionally permits prompt fund switch, notifications and adaptability to cancel the cardboard at any second via the app.

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