About Copper Banking
Copper provides banking services specifically designed for teenagers, featuring a Copper Debit Card and a mobile app that offer instant access to funds while educating users about financial management. The app includes features like zero liability protection from Mastercard, no hidden fees, no overdraft fees, and no minimum balance requirements, making banking straightforward for young users. Unlike traditional banks, Copper focuses on the unique needs of teenagers and their parents, bridging the gap between conventional banking and youth financial needs. The company generates revenue through interchange fees from card transactions and a referral program that encourages user engagement and community building. Partnering with Evolve Bank & Trust ensures that deposits are FDIC insured, adding security for users. Copper's goal is to empower the next generation with practical financial tools and education, preparing them for a financially responsible future.