Spriggy
“Can a kids' pocket money app become the financial operating system for Australian families?”
Founded2015
HQSydney, Australia
Total raised$62.1M
IndustryFintech / Consumer banking
The story
Spriggy launched in 2015 as Australia's leading pocket money app — a prepaid Visa card and app for kids aged 6-17 with parental controls. It expanded into a family-financial-services group: Spriggy Invest (kids' micro-investing via Betashares) in 2021, Spriggy Schools for school payments, and Spriggy Mobile (via Fastter Pty Ltd) for a family-oriented mobile plan. The company operates as Rivva Pty. Ltd. under AFSL 513762 with card issuing through Indue as the authorised deposit-taking institution partner.
Product timeline
2015
Spriggy founded in Sydney to offer a pocket money app and prepaid Visa card for kids.· banking
2020
Launched Spriggy Schools entity (Spriggy Schools Pty Ltd) to expand into school payments.· banking
2021
Launched Spriggy Invest (Spriggy Invest Pty Ltd) — kids' investing product in partnership with Betashares.· pivot
2023
Launched Rivva Mobile / Spriggy Mobile (Fastter Pty Ltd) — mobile telco offering.· pivot
2026
Became a reporting entity under Australia's AML/CTF Act from 31 March 2026; mandatory identity verification for parents.· banking
Regulated entities
1
regulatory licence held by Spriggy
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in Spriggy’s embedded-finance stack
Banking / BaaS
Indue
Card issuing
in the full report
Card network
in the full report
KYC
in the full report
Sponsor bank
in the full report
Investing
in the full report
Accounting gap: none
5 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.