NuMoola

Frequently Asked Questions

NuMoola is a family finance app that combines real money with financial literacy to help young families understand how the financial decisions they make impact their bottom line. Our modern technology unlocks financial services while seamlessly offering financial literacy education. We strive to make financial literacy easily accessible and relatable to all while meeting young families where they are when it comes to engagement — on their mobile devices.

NuMoola subscriptions start at $1.99/month.

Yes! NuMoola has debit cards for kids and parents. The kids’ debit cards are funded by parents, guardians, or extended family members using their NuMoola checking account. By having debit cards, kids can learn the valuable life lesson of not spending more money than what they have. 

The NuMoola Mastercard® Debit Card is issued by Regent Bank pursuant to a license from Mastercard and may be used everywhere Mastercard debit cards are accepted.

NuMoola is a family finance app, not a bank. Banking services provided by Regent Bank, Member FDIC. Your deposit account is FDIC insured up to $250,000 and provided through Regent Bank.

NuMoola is available for kids and grownups of all ages. There is no minimum (or maximum) age. The only age restriction in NuMoola is that you must be 18 years of age to open a NuMoola family account or join a NuMoola family account.

We take your family’s privacy and security very seriously. We only allow parents and parent-approved family members to contribute to the financial well-being of your child. Your deposit account is FDIC insured up to $250,000 and provided through Regent Bank. 

 

After downloading NuMoola, we have enabled simple prompts within the app to guide you to set up a NuMoola account. This includes things like how to select a subscription plan, set up your account, add family, link a bank account, and more!

Yes! Invite your family and friends to your NuMoola family as Extended Family Members. Once added to the family, they can start contributing to a kid’s saving, spending, and/or giving goals.

Through a combination of kid-focused tools and gamified financial education, NuMoola fosters kids’ understanding of core financial concepts. We are partnering with community banks and credit unions, sports teams, affinity groups, and educational content providers to provide an engaging financial literacy curriculum. 

Community Banks & Credit Unions: Partnering with NuMoola offers an opportunity to digitally engage with youth and create educated, lifetime bankers. With NuMoola, we can work together to ensure young families are equipped for a better financial future.  

Affinity Groups: NuMoola is a partner of Junior Achievement of Western Pennsylvania. As part of this strategic partnership, NuMoola will be featured in the JA BizTown® program, a hands-on classroom learning simulation that teaches elementary and middle school kids about economics and entrepreneurship. 

Sports Teams: Partnering with NuMoola helps sports teams with their efforts of reinforcing valuable life lessons by supporting financial wellness. With NuMoola, young athletes and fans gain access to financial literacy tools and resources that engage teams, their parents, and the broader community. We are proud to currently be partnered with the Pittsburgh Riverhounds SSC.  

Schools: Your school can partner with NuMoola to promote core money management concepts to kids using immersive, tech-enabled learning techniques. Together we can change the future for kids financially by teaching them the stuff we wish we were taught in school.

Educational Content Providers: NuMoola’s educational tasks and gaming features are based on nationally recognized standards: Jump$tart and the Council for Economic Education.  

If you are interested in becoming a NuMoola Partner, please reach out to us for more information at info@NuMoola.com!

More Questions?

If you have any questions, contact our team at info@NuMoola.com and we will get back to you shortly.

More Questions?

If you have any questions, contact our team at info@NuMoola.com and we will get back to you shortly.

Are you NuMoola'ing with your family?

Parents and guardians can have peace of mind that their kids and students are watching their money grow in a safe, secure app. Go to the Apple App Store and download NuMoola today!