Z1

Z1

Digital bank for teenagers in Latam

5 followers

💸 Z1 is a digital bank for teenagers in LatAm, where they can spend and receive money through a prepaid Mastercard credit card. Z1 gives teenagers autonomy and teaches them financial literacy from their first contact with money all throughout their adulthood✨
Z1 gallery image
Z1 gallery image
Z1 gallery image
Launch tags:Android•iOS•Fintech
Launch Team
Anima Playground
AI with an Eye for Design
Promoted

What do you think? …

Thiago Achatz
Hey Product Hunt community 👋 Gen Z is the largest living generation, representing 30% of the world population. They are internet-born, pragmatic and self-thought, yet they have no access to digital financial services.  Many Gen Z’ers want to learn not only how to spend their money, but also how to earn money of their own and become autonomous from their parents from an early age. Z1’s product is the first in Brazil to give them this autonomy and set them on the road to financial independence. Teenagers in Brazil download the Z1 app, register in under 2 minutes and ask for their parents permission to use the account. After the account is approved, we issue and ship a Mastercard card in under two weeks to anywhere in Brazil (where logistics can be tricky due to the country's size and poor infrastructure). With Z1, teens can make online and in-person purchases, get instant notifications about their account activity and make P2P transfers to their friends. We're also the first digital bank to offer Pix (the new instant payments system in Brazil) for teenagers. Additionally, Z1's users are using the account to receive money from their side gigs and to start their own businesses, making Z1 a way to generate their own income. Our goal is to become the go-to bank for Gen Z in LatAm 💸
João Pedro Thompson
We started Z1 with the mission of providing financial inclusion for teenagers and setting them on the road to financial independence. This is only the beginning!
Renan Machado
I've been working at Z1 for 10 months and it's the first company that I work where I actually use the product in a daily basis: dogfooding :D
Sophie Secaf
Z1 is on a mission to change how teens deal with money and ultimately have a positive impact on their future. Our product has been adopted with great engagement and our happy uzers are sharing away on social media!
Gabriel Funsho Babalola
Contactless? Does this mean it will not make contact with any other device in order to make payments
Thiago Achatz
@funsho_babs exactly :) it’s a Mastercard contactless card
Gabriel Funsho Babalola
@twachatz so how will it be used
Benoit Chambon
Pedagogic tool, like it!
Thiago Achatz
@benoit_chambon Thanks :) our goal is to democratize financial education for teens in LatAm
Glen Creaser
Very cool! Will this be moving to anywhere else around the globe any time soon?
Thiago Achatz
@glen_creaser for now, we are focused in Brazil
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