RBC Ventures: Introduces Mydoh an innovative money management app
- RBC Ventures has developed a money management app and prepaid card that helps kids make their own earning
- Available on iOS and Android, the Mydoh app is downloaded by parents who then invite their kids to create personalised accounts on the platform
- Users get a digital Visa prepaid card immediately upon sign-up, and then they receive a physical card
- The app’s interactive tools promise to provide children with hands-on, real-world experience in responsible spending
- Parents can assign tasks or chores that their children can complete to earn money
- Although Mydoh is operated by RBC, it is available to customers of other Canadian banks
