A partnership between BMO Monetary Group and monetary schooling platform Zogo will assist enhance monetary literacy amongst younger adults in Canada.
The partnership targets younger adults between the ages of 18 and 24 and offers sensible classes and quizzes to assist customers construct monetary information that can have real-world functions of their lives.
Based in 2018 and headquartered in Austin, Texas, Zogo gained Better of Present in its Finovate debut at FinovateFall 2019.
Monetary literacy platform Zogo has arrived in Canada.
BMO Monetary Group introduced this week the launch of Zogo in Canada. The brand new providing brings Zogo’s interactive, gamified monetary literacy expertise to eligible college students all through Canada. Designed for younger adults aged 18 to 24, the partnership will assist them develop their monetary information with the intention to make knowledgeable monetary choices all through their lives.
Zogo options sensible classes and quizzes to assist customers study budgeting, saving, credit score, and cash administration. By means of the Zogo cellular app, BMO purchasers can full monetary classes, earn factors, and redeem rewards whereas constructing sensible abilities they will apply to their on a regular basis lives.
“Bringing this expertise to Canada alongside BMO makes this partnership particularly significant for us,” Zogo President Ben Brooks mentioned. “BMO’s dedication to serving to the following technology make monetary progress is obvious within the care its staff has put into this launch. Collectively, we’re making monetary schooling extra accessible, partaking and rewarding for Canadian college students, with sensible abilities they will carry effectively past the classroom.”
BMO’s partnership with Zogo is a part of the banking group’s drive to make monetary literacy extra accessible. BMO lately introduced a strategic partnership with MoneyPrep, which offers lecturers with free entry to monetary literacy classes and instruments designed for elementary school-aged kids. The primary monetary establishment to convey Zogo to Canada, BMO sees the partnership as an extension of its assist for monetary literacy throughout all levels of studying, from the classroom by way of maturity.
“Constructing monetary information and confidence early might help set up the muse for lifelong monetary well-being and actual monetary progress,” mentioned Sumit Sarkar, Head of On a regular basis Banking Merchandise for BMO. “With Zogo, BMO is making monetary schooling extra partaking, accessible, and related for younger Canadians, empowering them to navigate essential monetary choices at each stage of life.”
The eighth-largest financial institution in North America by property, BMO Monetary Group has complete property of $1.5 trillion as of July 2026. The agency provides a variety of economic providers, together with private and industrial banking, wealth administration, and funding banking throughout Canada, the US, and choose worldwide markets. Along with its partnership with Zogo and MoneyPrep, BMO provides instruments and sources for monetary schooling and wellness, together with BMO SmartProgress, a web-based monetary schooling platform; BMO My Monetary Progress, a digital goal-planning platform; BMO Insights, a spend-monitoring resolution; and BMO Credit score Coach, a credit-health administration platform.
Zogo gained Better of Present in its Finovate debut at FinovateFall 2019 and returned to the Finovate stage two years later for FinovateFall 2021. Based in 2018 and headquartered in Austin, Texas, Zogo additionally launched its Zogo Shorts monetary video sequence earlier this month, designed to make studying about finance match into customers’ on a regular basis routines. The corporate additionally introduced an integration with Alkami that brings its monetary schooling sources straight into Alkami’s digital banking expertise.
Picture by Andre Furtado
