Copal, an Egyptian FinTech company, has unveiled the nation’s first family-focused payments and expense management app.
The firm has teamed up with MasterCard for the app that brings family members onto a unified payment platform that is fully managed by the parents. In addition to ensuring the safety of their allowances, preventing overspending, and ensuring the availability of funds in case of emergencies, this enables parents to easily track and manage their children’s finances and control their access to funds.
The app also includes basic tools for financial education to teach users how to manage their spending, save money, and contribute to the community.
