Discovery Bank partners with local fintech to offer advanced online financial education

Johannesburg-based fintech startup Cumulate has partnered with Discovery Bank to launch an advanced online financial education platform called Worth.

Discovery Bank partners with local fintech to offer advanced online financial education

Gary Kayle, CEO of Worth highlights the importance of financial education in empowering individuals.

“Worth is Discovery Bank’s financial education partner, and we’ve relished working with the Discovery team as they build the world’s first shared-value bank. We have witnessed first-hand how compelling financial education can radically change lives for the better. We boost financial knowledge and build wealth that lasts.” 

The online courses

Worth offers informative online courses that have been tailored to teach users how to gain control and manage their finances effectively. 

The course shave been created with a practical approach in mind to empower users to master their finances and tackle debt. 

Hayley Parry, co-founder, and chief education officer at Worth provides insight into the courses offered on the new platform.

“We know that many South Africans have struggled to take care of their financial wellness because of the pandemic. The courses we offer help to improve cash flow, get debt under control, and build lasting wealth regardless of your starting point. We are confident that Worth can empower South Africans to change their approach to finances which has historically been characterised by an absence of accessible financial education. Through the courses offered by Worth and the strategic incentives provided through Discovery, we look forward to seeing individuals and families embracing financial knowledge and ultimately financial wellbeing.” 

According to reports, Discovery Bank clients who have Vitality Money are able to access Worth’s online courses, namely Wealthy Me™ or Wealthy Couples™ at a discounted rate of R399.

Non-Discovery bank clients can access the platform and pay for the courses which start at R 4 999. 

Philippa Crichton who completed the Wealthy Me course as a Discovery Bank learner provides feedback. 

“I have had my own business for 33 years but was never able to save. Somehow, I never really got out of debt. When I realised I could actually clear that debt, it was easy. The Worth course is so simple to follow. I would recommend it to everybody, and the younger you do it, the better. If you have debt, or even if you have a lot of investments, you will still get something out of it.”

Worth is a gold member of AlphaCode, Rand Merchant Investments’ (RMI) incubation, acceleration and investment initiative that identifies, partners and grows early-stage financial service ventures.

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Featured image: (From left to right) Hayley Parry and Gary Kayle co-founders of Worth (Supplied)