Zywa is the first neobank tailored for teenagers in the Middle East and North Africa. Through Zywa, teens are able to spend, receive and manage money without the need for cash, and they can also get rewards and interact with their friends. Using the app, parents can also send money to their kids, which they can spend securely in the safe environment of their parents’ oversight. Zywa is launching its services initially in the UAE and Egypt, and will be soon rolling out to the rest of the Middle East. The app is now available on the App Store, where users can download and join the exclusive waitlist.