Frequently Asked Questions

We have answers to all your questions and everything you need to know about MinieMoney.

How old should you be to have a MinieMoney account?

MinieMoney is an Ed-FinTech created for youngsters between the ages of 7-18, MinieMoney kids can earn pocket money on EarnIT, set savings goals on Kolosave, and learn how to spend and manage money wisely.

How does MinieMoney work?

MinieMoney is a smart banking app for kids & teens to easily collect their pocket money, learn money skills, and so much more!

Is MinieMoney safe?

We partner with VFD bank, so rest assured that your money is completely safe with us.

Can you automate pocket money on MinieMoney?

Yes, you can use the MinieMoney app to set up the allowance/pocket money to be paid automatically into your kid’s MinieMoney account.

What do you need to sign up?

To get started, we just need a few basic pieces of information.

Your email address/Your mobile phone number

Your child’s/children’s name(s)

Your legal first and last name

Your date of birth

Your Bank Verification Number (BVN)

Can you monitor your kid’s MinieMoney account?

Yes, with MinieMoney you can easily manage and monitor when and how much your kid(s) spend. It gives you the upper hand in helping your kid(s) learn how to manage money.