- GEMS Education partners with UAE fintech Leap to launch the ‘Leap for GEMS’ app, aimed at teaching financial literacy to children aged 6-18.
- The app helps kids learn money management skills through real-life experiences like pocket money, chores, and savings, with parental guidance and control.
- The initiative integrates financial education into daily routines, fostering positive money habits and preparing students for future financial independence.
GEMS Education has teamed up with UAE-based fintech platform Leap to launch a groundbreaking initiative aimed at enhancing financial literacy among its students and their families. The collaboration introduces the ‘Leap for GEMS’ app, a co-branded platform designed to provide students with essential money management skills from an early age. Available to children aged 6 to 18, the app offers a unique approach to learning how to earn, save, and spend responsibly, with parental guidance woven into the experience.
The partnership blends GEMS’ leadership in education with Leap’s innovative approach to financial learning, creating an opportunity for families to teach their children practical money skills through everyday moments. Whether it’s pocket money, chores, or setting goals for savings, the app turns these daily activities into real-life lessons that encourage responsibility and long-term financial habits. The prepaid Visa card linked to the app offers hands-on exposure to managing money, helping children learn to navigate their financial future with confidence and understanding.
Jay Varkey, Deputy CEO of GEMS Education, emphasized that this initiative is a natural extension of the school’s mission to prepare students for life beyond academics. “At GEMS, we recognize that important life skills are often developed through everyday experiences. Introducing Leap to our families offers them a practical and structured way to start conversations about financial responsibility at home. The app helps cultivate positive money habits in children from an early age, enabling them to approach their financial future with ease and understanding”, he said.
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Designed with both parents and children in mind, the ‘Leap for GEMS’ app ensures parents maintain full control over their child’s learning journey. Through the app, parents can set boundaries, monitor activity, and guide their children’s learning, while also providing their children with an engaging environment to practice managing money. This balanced approach allows families to integrate financial literacy into their daily routines, ensuring that students develop independence, accountability, and a strong sense of financial responsibility.
Ziad Toqan, Co-Founder and CEO of Leap, shared his enthusiasm about the collaboration, noting that money management is an essential skill that extends far beyond the classroom. “Education today goes far beyond the classroom, and money management is one of the most important skills children need for the future. With ‘Leap for GEMS’, we’re bringing real-world money education into families' lives, empowering children to build confidence, independence, and healthy financial habits from an early age”, he explained.
This exclusive initiative is available only to GEMS schools in the UAE. Parents interested in learning more about how the ‘Leap for GEMS’ app can support their children’s financial education can find further information through their school’s communication channels. The partnership reflects GEMS’ ongoing commitment to equipping students with the essential life skills they need to succeed in an ever-changing world.
