Czech-founded fintech Birdwingo closes a €1.2M funding round

Birdwingo, a Czech-founded startup based in Prague and New York, has closed a €1.2 million funding round to launch a financial education and investment platform. The round was led by an American VC fund, Bienville Capital, according to EU-Startups.

About Birdwingo

• Founded by two brothers, Adam and Andrej Hano, Birdwingo develops an app to help teens to teaches essential financial skills such as investing, budgeting, and scam awareness through interactive lessons and real-life investing scenarios, all under oversight of parents. Aiming to educate teens on managing these assets, Birdwingo created a “Duolingo for finance” academy. Additionally, Birdwingo motivates teens with cash rewards for learning through its ‘learn to earn’ feature.

• Its user base is already surpassing 20,000. The statistics from the platform’s beta testing phase show: 94% of teens completing the Academy reported increased confidence in managing their money, 79% started saving and investing for the long term, and 84% of parents believe their kids’ financial literacy improved. The app is already available on both the App Store and Google Play.

Birdwingo addresses the gap in financial education, which schools often inadequately cover, and is sometimes left to questionable financial influencers or scammers online. We step in to enable teenagers to actively invest under full parental supervision, combining high-quality theoretical knowledge with real-world practice, 

Adam Hano, Birdwingo’s co-founder, said.

• The fresh investment was led by Bienville Capital, a New York-based investment firm offering Asset Management and Advisory Services across both public and private markets. Other company founders and bank executives joined the round.

The funds will be used for further development of the platform. In addition, Birdwingo plans to partner with high schools and non-profit organisations.