Mozper, a Mexico City-based provider of a debit card and app designed for kids and parents in Latin America, closed a $3.55M seed funding round.
The round, which brings total funding to $5.1M, was led by Hetz Ventures with participation from F-Prime Capital, Foundation Capital, Secocha Ventures and previous investors Dux Capital and John Farrell.
The company intends to use the funds to penetrate the Mexican market, where they launched three months ago, and expand into Brazil in 2021 as well as enriching the product and scaling the organization.
Co-founded by Pablo Klestorny, Yael Israeli and Gabriel Roizner in January 2020, Mozper offers a Visa debit card and an app where parents can give their kids an allowance, set spending rules (so they can’t blow it all on video games), assign chores and even create and track savings goals.
Mozper is currently available in Mexico.