Hong Kong, Jan. 18 -- Fin tech, or financial technology, is all the rage right from. From online payments and instant loans to neo banking and finance apps, technology is all pervasive in the world of finance. A new frontier is digital pocket money for kids, to help them learn financial prudence.

While Generation Y and millennials well understand and use the power of digital for things related to their finance, Generation Z is still getting accustomed to it. At such a time comes a new concept, digital pocket money, to help kids with the discipline of saving and spending within a budget, and get them used to online payments.

Ankit Gera, the co-founder of Junio, an app-based Smart Card for children's digital pocket money, says imparting f...