How they describe themselves: Kiboo is a web and mobile alternative banking platform designed for teenagers, young adults and their parents. We combine real-time access to FDIC-insured checking and savings accounts with rich, customizable tools for budgeting and saving. Through our family of robust APIs, Kiboo complements and enhances users’ banking experience by giving them access to our retail partnerships, social causes and a vast library of targeted personal finance information and all at the relevant times that they want and need it most. We blend social media tools with personalized content and a secure system that learns about our users’ habits and teaches them fiscal responsibility. Our target market is always connected and demands the latest web and mobile technologies. Kiboo’s cutting-edge financial innovations meet these growing demands and our flexible scalable platform will continue to evolve with the needs of our customers.
How they describe their product/innovation: Kiboo’s Mobile App offers users the ability to interact with their money in a way that has never been done before. It’s more than just checking an account balance online or paying bills. It’s about connecting our users’ money to their everyday life, which means the places they go and the people who are important to them. Our app takes advantage of the latest innovations in mobile technology and integrates them into our users’ financial actions, making it easier, more convenient and more rewarding to interact with their money. Kiboo’s mobile app is more than just a mobile version of our website; it’s an extension of Kiboo into our daily life.