Osper Stock
Osper is a prepaid debit card and mobile banking service empowering young people to manage their money responsibly.
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About Osper Stock
Osper is a prepaid debit card and mobile banking service empowering young people to manage their money responsibly by instilling good financial habits from an early age. It offers a safe [MasterCard](https://www.crunchbase.com/organization/mastercard) prepaid debit card and a simple mobile banking app with separate logins for young people and parents. All money on Osper is safely managed by a European regulated bank. Its application runs on Android and [Apple](https://www.crunchbase.com/organization/apple) devices that also include any iOS device running 6.0 or higher. Osper is comprised of several investors, including Index Ventures, Horizons Ventures and a number of entrepreneurs, and individuals from the financial services market. To use the service, young people must be at least 8 years old, and must sign up with a parent or legal guardian. Their parents or guardians must be U.K. residents with a debit card from a U.K. bank. Osper was launched in 2012 by Alick Varma, who previously worked at [McKinsey](https://www.crunchbase.com/organization/mckinsey-company) and [Spotify](https://www.crunchbase.com/organization/spotify), and also trained to be a math teacher. It is based in London.
Funding History
June 2013 | $800K |
---|---|
June 2014 | $10.0M |
Management
Founder and Chairman
Alick Varma
Chief Executive Officer
Giovanni Santini
Chairman
Alick Varma
Investor / Advisor
Sorosh Tavakoli
Press
pressandjournal - Jun, 28 2021
Osper’s young savers cash in on 24% year-on-year rise in pocket moneyhollywoodreporter - Jan, 29 2020
David Osper, Veteran of Reality Television, Dies at 47portlandtribune - Apr, 4 2019
ALL SHOOK UPbusinessinsider - Feb, 8 2018
Index Ventures has lost 2 investors to a venture capital fund that's run by one of London's most entrepreneurial familiesTechCrunch - Dec, 3 2016
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