Kard, the innovative mobile bank for teenagers, chose Bankable as its Banking-as-a-Service (BaaS) partner.

Kard’s mission is to offer a safe, intuitive banking experience to young people and foster financial education and empowerment. Launched in 2019 in France by an experienced entrepreneur and a former banker and with backing from leading investors, Kard offers a mobile banking application that allows parents to send money to their child’s account and monitor their spend. Teenagers can then manage their funds, and spend them using Apple and Google-pay enabled cards, or save them in one of the “savings pots”.
Kard’s co-founders Scott Gordon and Amine Bounjou were keen to get their product to market quickly. They decided to build upon the existing BaaS infrastructure, recognising the extra time it would have taken them to build the requisite systems, processes and partnerships with payments services providers in-house. “Bankable offered us a turnkey solution – by partnering with them, we could focus on creating a first-class user experience, whilst they took care of the back of the house” Scott Gordon said.
Over time, Bankable helped Kard launch additional features. In 2020, the fast-growing application added its first savings product, and in 2021 it rolled out x-Pay functionality for its cards. “Bankable have been great at supporting us as our requirements evolved. They even went the extra mile and broke some ground with us – they developed their first x-Pay integration for us, in record time.” Amine Bounjou added. “Kard is a key client and we are delighted to be on the journey with them. Their mission to encourage financial education and a clear sense of purpose resonate with us strongly.” said Eric Mouilleron, Bankable Founder and CEO. “Their growth has been phenomenal, and that shows their product solves a real pain point in people’s lives. We are looking forward to growing with Kard and helping them enter new products and markets in the future”.