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Empowering Financial Literacy: The Kredit Academy Revolution with Evan Leaphart and Mike Gross
Manage episode 418253243 series 3520934
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In this latest episode of the More Elephant podcast, we engage in an inspiring conversation with Evan Leaphart, Founder of Kredit Academy, and Mike Gross, COO and Head of Education, who join the latest More Elephant podcast to discuss the team’s journey from Kiddie Kredit, a mobile app designed to educate children on the credit system by completing chores, to Kredit Academy, a solution and approach dedicated to equipping teens and young adults with the knowledge and tools for optimal credit health.
In 2023, the team was awarded a $1 million investment from the 43North startup competition to continue the movement toward a financially literate future, creating an opportunity for the next generation to embrace credit management with confidence and wisdom.
From their personal journey of friendship and entrepreneurship over many years to relocating to Buffalo after winning the 43 North investment, Evan and Mike share how Kredit Academy aims to make financial education accessible and engaging. Focusing on education, behavioral change, and community engagement, they discuss the broader implications of their work on generational wealth and financial well-being. As we listen, learn, live, better on More Elephant, Evan and Mike are great examples of how an idea can change lives and build pathways to durable financial health.
Key More Elephant Takeaways in this Episode:
- Evan and Mike share their origin story, meeting early in life and how they have been focused together for many years on changing how teens and young adults think about and understand money
- We discuss their approach to financial empowerment and educating Gen Alpha on credit through a gamified approach and a solution that allows members to earn rewards both by responsible spending and by engaging in activities and learning modules
- We hear about their founder’s story, how they learned to build a company, the resilience and willingness to be flexible as investment opportunity arises, and the power of community in doing work that matters
- and more..
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