Baltic Technology Ventures AS (BTV) has concluded an Investment/Consulting and Business Development Agreement with Poklet (UAB Poklet). Poklet is an app that teaches children how to manage money and to be financially responsible. Through everyday use of the app children are making their own decisions on how to use their money and learn both from experience and lessons provided in the app to make educated decisions about how to put their money to use. The app provides the children with a payment card connected to their Poklet account, and is used under the supervision of their parents who have full transparency into their child's monetary transactions.
Dominykas Čeledinas, one of the founders of Poklet, commented: “Our company has developed an app that helps address a very pertinent need for raising the financial literacy level in society. We want to help parents support their children to grow up with a good knowledge of how to manage their personal finances, and our ambitions are backed by a strong team with experience from financial education, technology, and business development. We are excited to now also be partnering with BTV on our journey to battle financial illiteracy – a partnership that will allow us to benefit from their expertise, access to funding and their broad global network.”
BTV will aim to support the growth of Poklet with key introductions to investors, field experts and industry professionals.
BTV is the only publicly listed venture capital/business development firm focusing on the Baltic market, aiming to connect local innovation with deep experience and access to funding.
Member of the Management Board G.Zolotarev
Contacts: Address: 1-5 Rupniecibas Street, Riga, LV-1010 Phone: +371 67783611 Contact person: Gene Zolotarev Member of the Management Board Phone: +371 67783601 e-mail: gene@baltictechventures.com Certified consultant: Svetlana Hramčenko "Law Office Spridzans" Ltd. Phone: +371 26712718 e-mail: svetlana.hramcenko@spridzans.lv