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Sydney company founded in 2015 that runs Spriggy, a prepaid pocket money app for Australian families.
Rivva Pty Limited, trading as Spriggy, was founded in 2015 in Sydney, Australia, by Alex Badran and Mario Hasanakos. Its app, with a prepaid Visa card, lets children aged 6 to 17 spend under parental oversight, with monthly tracking emails and merchant restrictions. Revenue comes from an annual membership fee after a free trial, plus card fees. The company has completed 8 funding deals; its latest round in 2023 raised USD 10.00 mn, which is also its total raised. Venture funding from Global Investors supports its app development.
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