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Tuesday, December 24, 2024

FedCenter launches WAGI app to democratize financial literacy

FedCenter, a leading social enterprise, launched the first app-based financial literacy platform to democratize financial literacy across the Philippines, leveraging mobile technology to reach the mass audience.

Aptly named WAGI (Wealth for Growth and Inclusion), the app makes learning accessible, fun and rewarding. It features relevant and practical financial content that can apply to Filipinos’ everyday lives such as basic budgeting to stock investing.

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Lessons are formatted in engaging and snackable module. There are even quick finance tips from successful personalities and celebrities. Borrowers can take post learning tests after each module.

The test scorers will be converted into reward points which can then be used to claim prizes from various partner establishment such as leading fastfood chains.

“This app will democratize Financial Literacy and can significantly uplift the financial well-being of all Pinoys” said Marc Christian Gule, president of FedCenter.

Francisco Mauricio, president and CEO of WeFund, operator of the JuanHand app, said they are honored to be a major sponsor of WAGI.

“JuaHand, being the leading fibtech cash lender in the Philippines is a strong advocate of financial inclusion. Financial literacy paves the way for inclusion which ultinmately leads to financial empowerment. And financial empowerment is a cornerstone of national development. We do hope more organization can join us in supporting WAGI and ensure its sustainability and success,” said Mauricio.

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