Details

Pros

  • Debit Mastercard worldwide
  • Banking app for teenagers
  • Peer-to-peer payments
  • Credit-balance basis (no overdraft)
  • Physical card with a wood look

Cons

  • From €2.99/month (not free)
  • No IBAN of its own
  • Small start-up (future security?)
  • No BaFin regulation
  • Limited parental control

Fact sheet: Pockid

Company namePockid
Founded2020
HeadquartersHamburg
Country🇩🇪 Germany
Customers 50.000+
Typefintech
Website pockid.de/

About Pockid

Pockid is a Hamburg fintech that offers a debit Mastercard designed specially for teenagers. The app allows independent banking with a spending overview, peer-to-peer payments between Pockid users and parental control. The subscription model starts at €2.99/month.

Special features

  • Wood card design
  • Peer-to-peer payments