Visa partners with Edfundo to support youth financial literacy in UAE

• Visa remains committed to ensuring young people are made financially aware by equipping them - through local initiatives - with the knowledge, skills and requisite behaviors required to boost their financial well-being and resilience.
• In keeping with the 2023 theme ‘Plan your money, plant your future’, the payment leader recently partnered with Edfundo to roll out a series of financial education workshops for over a thousand students across the UAE

Dubai, UAE, 29 March 2023: In partnership with Edfundo, Visa recently held financial literacy workshops for over 1,000 students across schools in the UAE to ensure they are made aware of the importance of financial resilience and planning for their futures. The workshops were held in four schools namely, Dubai International Academy (DIA), The Aquila School, Jumeirah English Speaking School (JESS) and Safa Community School. 

Global Money Week is an annual initiative run by the Organization for Economic Co-operation and Development (OECD). Running 20-26 March 2023, this year’s theme, ‘Plan your money, plant your future’ focused on sustainability and raising awareness of how an individual’s financial behavior impacts not only their own financial future, but also the environment and society as a whole. 

Visa’s partnership initiative this year is part of its ongoing commitment to empower young people by providing them with the knowledge, skills and requisite behaviors needed to make financially sound decisions for their own financial well-being and resilience. 

Through local activations such as with Edfundo, individuals of all ages learn about budgeting, saving, responsible spending, and other important aspects of personal finance. These initiatives are designed to be engaging, accessible, and tailored to the specific needs of each local market.

“By enhancing access, spearheading innovation, and seamlessly coordinating with our partners at Edfundo, we have the potential to unlock an invaluable opportunity to uplift individuals, their families, and the wider community. Our 2023 vision for youth is one additional step in a two-decade journey to elevate financial literacy around the world and ensure that the younger generation has the best possible chance to succeed in the new digital age,” said Carl Manlan, Head of Inclusive Impact and Sustainability for Central & Eastern Europe, Middle East & Africa at Visa. 

“In collaboration with Visa, we are placing a strong emphasis on financial education for the younger generation. By equipping today's youth with the necessary skills to excel in the digital economy, we can pave the way for a future that is more equitable and prosperous for everyone," said Andrew Toward, Co-founder and COO of Edfundo.