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EmailCongratulations to MyBnk
Congratulations to this year’s European Give-It-Away donation recipients – MyBnk! MyBnk will use the $25,000 to bring tried and tested money and business education from the global heart of finance to young people across Europe and beyond – it will aid in identifying partners, training them and contextualising the programmes for local delivery.
“We are totally blown away! The fact that young people in education helped decide the winner of Give-It-Away is further proof that the need for financial education is becoming more than a demand, it’s becoming a right. Thanks to J.P. Morgan and the students that voted. We can now teach thousands of young people how to manage their money, prioritise debts and start their own business.”
Lily Lapenna, CEO, MyBnk
MyBnk helps 11-25-year-olds in some of the poorest parts of London manage their money effectively and make enterprising choices. Six fun, focused and engaging programmes are backed up with a youth-led saving and lending microfinance scheme - independent, FSA approved, online and in-school. Staffed by youth workers and young professionals from the education and financial sector, MyBnk helps young people understand exactly how money works and offer practical enterprise experiences.
MyBnk take a holistic and engaging approach to finance and enterprise education by putting young people at the heart of all we do. Our high-energy style introduces all aspects of money management, from saving and earning, to planning for university and how money flows through the financial system. MyBnk also trains and mentors young people to run microfinance schemes for their entire school, offering an accessible place to save and take out interest-free loans to set up businesses and forge positive financial habits.
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