Zogo Finance Founder and sophomore at Duke University Bolun Li stopped by the Studio Lounge -- with his oversized shawl of money -- following his NACUSO 2019 Next Big Idea competition win to share more about his incredible backstory and teenage finance company Zogo. Already backed by Kris Kovacs' Constellation Digital Partners, Zogo will dive deep into the credit union industry benefiting members with its innovative teenage finance app.
In a nutshell, Zogo incorporates meaningful and engaging financial education into teenagers' daily interactions with money and bank or credit union account. Parents set up a recurring allowance. To receive that allowance, teens complete bite-sized educational modules inside the app. Parents can finally have a structured way of giving their kids money, and teens now have the best incentive to learn about financial concepts.