How can we build financial confidence among younger generations? A key question at Nordic Fintech Week 2025, where Søren Rode Jain Andreasen, Head of Digital Customer Engagement Hub in Retail Digital, appeared alongside Philip Haglund, founder and CEO of Gimi, in a joint fireside chat.

”In a customer study, we found that 80% of adults have experienced financial stress and 32% named money as their main source of stress,” says Søren Rode Jain Andreasen. ”What if we change that by starting earlier and giving the right tools to young people.”

That’s what sparked Nordea’s partnership with Gimi.

Empowering younger generations

Gimi is a pocket money app that teaches children and young people about finances through interactive learning. The app connects to the child’s bank account using secure open banking technology and offers several practical features such as setting up allowance, handing out chores and reaching savings goals. Through these features and over 40 interactive lessons and quizzes, Gimi helps young people learn essential financial concepts like savings, budgeting, interest, loans and spending. 

“Financial education shouldn’t be complicated, boring or hard to get. Our goal is to make money matters engaging and accessible for children and young people at the age when lifelong habits are formed”, says Philip Haglund.

Customers in Norway and Sweden were the first to get their hands on the solution, with promising results. Children using the app engage with it more than twice a week, with 84% actively using features beyond checking account balances, such as setting savings goals and exploring educational content.

Søren Rode Jain Andreasen, Head of Digital Customer Engagement Hub in Retail Digital and Philip Haglund, founder and CEO of Gimi at Nordic Fintech Week where they discussed finical skills. Sarah Millerton from United Fintech was moderator.

A partnership for the greater good

According to Haglund, it is partnerships like this that can make a change in the Nordic societies and bring attention to how to build and maintain financial literacy levels in these countries.

”Combining forces with a large bank such as Nordea introduces our solution to a wider audience and allows us to make a difference in homes across the Nordics. We have the opportunity to really increase financial literacy in the Nordic societies and give young people the confidence they need to understand their finances from an early age.”

As financial confidence spreads, the impact extends beyond individual families to strengthen entire communities and economies.

“We see financial literacy as one of the most powerful forms of inclusion. After all, it isn’t just about serving today’s customers, but preparing for tomorrow’s and the generations to come”, Søren Rode Jain Andreasen concludes.

Gimi – digital app for healthy money habits

  • Pocket money app with interactive financial education.
  • Gimi lets users set savings goals, manage pocket money, track chores and explore more than 40 quizzes and lessons.
  • The app gives children valuable skills by teaching them about spending, setting goals and understanding interest.
  • Parents get a tool that makes it easier to talk about money and keep track of their children’s money.
  • The app is primarily designed for children and young people (around ages 7 to 15) and their parents.
  • Older children can also enjoy the app’s gamified tasks and educational quizzes.
  • The app is ad-free, and as a Nordea customer, you do not pay a license fee.
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How does Nordea support financial literacy?

As part of our community engagement, we work extensively with schools and different partnerships across the Nordics to help children and young people lay the foundation for a healthy and successful financial life. All our employees are given the opportunity to spend 16 working hours a year volunteering in Nordea run/co-run initiatives. 

Read more about how we support financial literacy
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