PlayMoolah at The Asian Banker Summit 2012

Post on 15-Jan-2015

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A short 5-minute pitch introducing Playmoolah at The Asian Bankers Summit. Opening with the central topic of rebuilding trust in the banking system and asking a very fundamental question that even a 6 year old will ask: What are banks for? Why do banks exist?

transcript

The BEST way for kids to learn about money

Min, Co-founder

The Asian Banker Summit 2012

TRUST

Trust in banks has eroded since 2008

ConsumerConfidence

Source: The Financial Trust Barometer analysis by Edelman

What is the ROOT CAUSEof financial illiteracy

in America?

Surprising Problems

1. The world lacks financial education High school students know less about financial

topics than their counterparts did 30 years ago.

2. Schools are not doing the job Students' scores on Jump$tart Coalition assessments

have been declining since the first survey was administered in 1997.

3. Parents don’t know where to begin Only 32% of American parents talk to their children regularly

about personal finance.

What If…

PlayMoolah

Interaction &Education

Kids Platform- Fun and engaging- Learn through play- Manage real money

Parents Platform- Monitor & track progress- Get involved (eg. co-pay)- Knowledge & guidance

Collect real savings data

Intelligent Recommendations

Moolah Algorithms

Set REAL Goals

Set REAL Goals

Parents Dashboard

Give to REAL Charities

Give to REAL Charities

Learn REAL prices

Start a lifetime relationship with young customers

Online engagement campaigns

Lead generation on new accounts

Integration with

real account data

For Financial Institutions

Min Xuan Lee

min@playmoolah.com