Durham, NC – April 29, 2020 – Award-winning, mobile financial literacy app provider Zogo has exceeded 500,000 financial education modules completed by members of more than two dozen credit union clients in six months (approximately 520,000 modules completed from October 31, 2019 to April 30, 2020).
According to Zogo Co-founder/CEO Bolun Li, this milestone far exceeds what they had originally planned when the financial literacy app officially launched on October 31, 2019. The Zogo app has more than 300 financial education modules designed by Duke University behavioral science professors. Users (credit union members) who complete modules earn points for answering questions correctly, which can be redeemed within the app at name-brand retailers.
“We’re so excited about the engagement we’re seeing,” states Li. “Even though we are extremely pleased with these numbers, we feel this is only the beginning for much bigger things to come. To know that we are helping this many people educate themselves, acquiring sound financial practices, is very rewarding. And positioning credit unions as that educational resource makes it that much better. We can’t wait to see what the next six months will bring.”
Zogo is a financial technology company based in Durham, North Carolina. It helps financial institutions teach their current and prospective members sound financial fundamentals through its app that pays users to learn. Zogo’s app has won numerous industry accolades, including “Best of Show” at Finovate Fall 2019 and NACUSO 2019 Next Big Idea Competition. Key investors and advisors include Techstars, former CEO of Sageworks, and faculty from Duke University. To learn more, visit www.zogofinance.com or @ZogoFinance on Twitter.