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A 22-year-old CEO wants to educate Gen Z with an app he compares to the Duolingo of financial literacy ddavis@businessinsider.com (Dominic-Madori Davis) © Provided by Business Insider Bolun Li at a conference speaking about Zogo. Courtesy of Zogo
Zogo is a fintech startup from Gen Z cofounders that seeks to make learning about finance fun.
Cofounder Bolun Li, 22, compares the app to Duolingo, in how it offers games and quizzes about various financial topics.
Li told Insider about the launch, why he thinks Gen Zers struggle with finance, and how the pandemic changed things.
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Li recalls how bank spokespeople would come to his school, St. John s Prep on the North Shore of Boston, and give two-to-three-hour lectures. In the end, they would leave a flyer, say open a checking account and you ll get $20, and just leave, he told Business Insider.