Zogo launches 11 new partnerships in August to help credit unions deliver financial education during COVID-19
DURHAM, NC (September 4, 2020) — During the month of August, Zogo Finance launched 11 new partnerships with credit unions across the country to revolutionize financial education and deliver gamified, mobile financial literacy lessons during the COVID-19 pandemic.
According to Zogo CEO Bolun Li, it’s the most partnerships the start-up company has launched in such a short period of time.
New partnerships include:
- Fast Federal Credit Union
- Torrington Municipal & Teachers Federal Credit Union
- West Aircomm Federal Credit Union
- Astera Credit Union
- Simplicity Credit Union
- Weld Community Credit Union
- Neighbors Credit Union
- USAgencies Credit Union
- DuPage Credit Union
- Summit Credit Union
- TwinStar Credit Union
Since launching in November 2019, Zogo’s gamified financial literacy app has garnered more than 70,000 users who have collectively completed over 1,000,000 of the app’s bite-sized lessons on intelligently saving, spending, and managing their money. As users complete each module, they earn points — in the form of pineapples — they can redeem for real-life rewards.
Li added that these partnerships come at a pivotal moment as students and educators across the country search for new and engaging ways to implement digital learning opportunities.
“Education may look very different than it did eight months ago — but thankfully, financial education doesn’t have to end when in-person classes aren’t in session,” Li said. “Our app allows Gen Z and Millennial users to complete personal finance lessons while making their morning coffee, waiting in line at the store, or even getting ready for bed.”
A newly-minted, 21-year-old graduate of Duke University, Li founded Zogo during his junior year of college after reflecting on his own poor experience with financial education in high school.
Since its launch, Zogo has formed more than 30 partnerships with credit unions and other financial businesses, including BayPort Credit Union and Diamond Credit Union.
“Zogo’s continued growth is almost overwhelming,” Li said. ‘“This is a financial literacy movement, and with each day we only gain more momentum.”
Zogo is a financial technology company based in Durham, N.C. that works to inspire the underbaked to become financially savvy. Zogo helps financial institutions connect with Gen Z and young Millennials by teaching financial fundamentals through its app that pays users to learn. Zogo’s app has won numerous industry accolades, including “Best of Show” at Finovate Fall 2019 and NACUSO 2019 Next Big Idea Competition. Key investors and advisors include Techstars, a former CEO of Sageworks, and faculty from Duke University. To learn more, visit www.zogofinance.com.