The French startup called Kard is similar to many of the challenger banks today except that they are targeting a very specific demographic: teens; in speaking with TechCrunch, the CEO shared the generation Z has been forgotten by traditional banks and that in many cases teenagers are borrowing their parents’ cards for expenses; the account allows teens to open their own bank account with their own IBAN and Mastercard debit card; parents are able to easily transfer money easily to the account if needed; Kard is currently working on new features like being able to split expenses with friends. Source
