DCB Bank and Slonkit have partnered to create a digital and cashless
ecosystem for educational institutions across India under the Slonkit Campus
Partnership Programme
In the beginning of this decade, an
11-year-old girl in the United States of America devised a technology aiming to
teach young adults “how to be money smart”. With the help of her parents, she
created an app called Bankaroo, which was essentially a virtual bank designed
to help children learn how to manage their savings. Bankaroo now claims to have
a 120,000+ members strong community spread across 100 countries around the
world. In 2015, an Indian start-up came up with a similar idea, and Slonkit was
born. A digitally driven fintech solution, Slonkit in partnership with DCB Bank
now has tie-ups with educational institutions to create a digital and cashless
ecosystem where students can use the medium for fee payments and monetary
transactions at in-campus canteen, library and stationery shops.
Slonkit comes with a prepaid card and a
mobile app, designed to teach teens and young adults smart money management.
“Slonkit caters to the essential yet
unaddressed area of teaching financial prudence to the next generation. It
engages students digitally and empowers them to learn and practise smart money
management. It enables education institutions to seamlessly manage fee
collection, in-campus payments, attendance, and communication with students.
With DCB Bank, we will create India’s largest cashless ecosystem focussed on
the education sector,” says Javed Tapia, who founded Slonkit along with Murad
Naithani.
Regards
Mr. Pralhad
Jadhav
Research Scholar (IGNOU)
Senior Manager @ Knowledge Repository
Khaitan & Co
Mobile @
9665911593
This comment has been removed by the author.
ReplyDeleteTimelyBills help you make this hard 2020 with tricks of managing and saving money through the Best Expense Manager App. Download here timelybills.app.
ReplyDeleteFind the Best bill reminder app, Money Managing, Budget Making, and even handling investment decisions are easier than ever before with the Free Money Manager App.
Timelybills