FROM THE INVESTORS OF
Never be credit invisible, get ahead before turning 18. Save on car insurance, student loans and more.
Over 100,000 locations and 400 brands for you to get cashback with your Visa MoCard.
Master personal finances and good life habits while earning Mobucks (MBX). Redeem directly to cash or other rewards.
No monthly fees and no overdraft fees.
No account minimums and no interest.
The MoCard just works for you. Really.
Modak is a US-based fintech platform that empowers teens to reach their full potential regardless of their background. Teens and families are joining Modak, making it the fastest growing fintech across the US.
Led by Madhu Yalamarthi (Stanford MBA and ex-Venture Capitalist) and supported by GGV Capital, Monashees, Maya Capital, Nazca VC, One VC, and 30+ leading investors and entrepreneurs.
We have implemented several ways to protect your personal information:
There are no hidden fees associated with Modak. We don't charge for opening a card and most of our services. However, if you need expedited or premium services, our app will show you and ask for your permission before charging the fees. For example, we charge $0.50 for debit cards (and 3% extra for credit cards and Apple/Google Pay) when you load your kid’s modak card with your debit or credit cards. Do note that our normal ACH - funding via your other bank accounts - is free.
To sign up, you should be between 13 and 17 years old. Your parent or guardian will be the account holder, allowing you to use it. Accounts for those under 13 will be available soon.