News

New Fintech App Aims To Improve Children’s Financial Literacy

A startup known as Leap has built an app to help kids track where their money is being spent, and to help them save more effectively.

Published

2 years ago

November 16, 2022

Nour Nasir

new fintech app aims to improve children's financial literacy

For children and young teens, it can be hard (and not to mention boring!) to get a handle on topics such as budgeting and saving. Money and financial matters aren’t exactly a top priority for youngsters, but they are vital subjects to master in order to be better prepared for adult life.

To that end, UAE-based startup Leap has an ambitious goal of helping young people to make better financial decisions and to improve basic money management skills and literacy. The fintech company has developed an app aimed at young people and their parents, which works to incentivize good budgeting and saving habits.

“Financial literacy is a core life skill that is not readily taught while growing up. Most kids get their first taste of financial responsibility when they go off to college without the oversight and knowledge on managing their money. We’re committed to changing this reality and empowering kids as young as 6 years old to understand, value, and manage their money,” says Ziad Toqan, CEO and Co-founder of Leap.

Parents can transfer a child’s allowance into the app or have funds appear when certain milestones are achieved (such as good school grades). Children using the service will get a prepaid Visa card linked to their Leap account, allowing them to use their balance however they see fit.

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As well as helping to promote better budgeting and sensible spending, the app also diverts unused funds to a savings account at the end of each week, which Leap hopes will encourage kids to spend less and save more.

The app is available on both Apple and Android devices and is suitable for children between 6 and 18 years of age. Leap is currently focused on the UAE, but has plans to expand into Saudi Arabia and Egypt in the future.

News

Samsung To Roll Out One UI 7 Starting April 7

The update will introduce AI-driven tools and Google integration, along with a fresh design and enhanced personalization options.

Published

21 hours ago

March 20, 2025

Nour Nasir

Samsung

Samsung has confirmed that One UI 7 will officially begin rolling out on April 7, bringing a fresh design and enhanced personalization options. This update is tailored for a more intuitive user experience, powered by AI-driven improvements. Initially, One UI 7 will be available in the U.S. on the Galaxy S24 series, Galaxy Z Fold6, and Z Flip6 starting April 10. The rollout will gradually expand to more Galaxy smartphones and tablets in the following weeks.

Refined Design And More Customization

With One UI 7, Samsung is introducing a cleaner, more cohesive look aimed at making customization easier and more intuitive. The home screen, widgets, and lock screen have been redesigned to streamline navigation and personalization.

One standout feature is Now Bar, which provides real-time updates directly on the lock screen. Whether checking workout progress during a run or seeing what’s playing on Galaxy Buds, users can access key information with just a swipe — no need to unlock the phone.

AI-Powered Enhancements For A Smoother Experience

Samsung has integrated AI into One UI 7 to make everyday interactions more seamless and efficient. Galaxy AI helps users complete tasks with minimal app switching, while AI Select suggests relevant actions based on selected content. For instance, users can swipe the Edge Panel and tap the AI Select icon while watching a video to instantly create a GIF.

Writing Assist — a favorite tool for Galaxy users — will now offer automatic text summarization and formatting. Meanwhile, Drawing Assist provides a creative boost by generating visuals from text prompts, images, or sketches. Another highlight, Audio Eraser, allows users to fine-tune video sound by isolating and adjusting different audio elements.

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Finally, Samsung has added greater integration with Google Gemini. Users can simply activate Gemini and ask, “Find Italian restaurants with outdoor seating that are pet friendly” to get instant recommendations. Natural language search also makes adjusting settings easier — users can now tap the mic icon in Settings and say, My eyes feel tired, to receive suggestions like dimming the screen or enabling Eye Comfort Shield.

Device Compatibility And Rollout Schedule

The One UI 7 update will begin rolling out on April 7, with more devices receiving it in the weeks that follow. Compatible models include the Galaxy S24 series, Galaxy S24 FE, Galaxy S23 series, Galaxy S23 FE, Galaxy Z Fold6, Z Flip6, Z Fold5, Z Flip5, and the Galaxy Tab S10 and Tab S9 series.