Otly!

About Otly!

Otly! is `the’ new way parents can manage, track and control the allowance of their children while teaching them about money, banking and finance. Teaching children how to use and manage money responsibly is the best way to educate them and prepare them for a safe financial future. The app is FREE and will remain free. So, download the app and start the financial education of your children today.

In an increasingly cashless society, our kids are left behind when it comes to money, banking and financial education. With Otly, you can set up automatic allowance. Every week (or month), allowance gets added to the account of your children automatically so they can divide it between their saving goals. And because your children are still learning, you as a parent are always in control. You can gradually give your children more freedom and responsibilities as they become more financially savvy.

Otly is an Amsterdam based startup with a focus on the early financial education by providing a safe financial ecosystem. Having built two dedicated apps for both parents and children, Otly has taken the first steps to realising the first banking experience for kids. Otly was founded in 2015 by FinTech veterans Lior Bornshtain and Vedran Vego. Otly has collected a number of awards and recognitions over the past two years. The most important ones are:

- Alumni Rockstart Web&Mobile - 2016 - Winner #UberPITCH Europe - 2016 - Winner World Summit Awards - 2016 - Awarded SIDNfund grant - 2017 - Winner Dutch FinTech Awards - 2017

Keywords

• Allowance
• Allowance Management
• App Development
• Digital Allowance Management
• Early Financial Education
• Financial Education
• Financial Literacy
• Financiële Educatie
• Fintech
• Startup
• Zakgeld

Address

• Headquarters

  Albert Cuypstraat 161HS1073BC AmsterdamNoord-Holland, Netherlands

Team by function

Based on 2 public job profiles as of 3 September 2026.

• Consulting / Advisory1
• Finance / Accounting1