REAL MONEY LEARNING FOR LIFE

The app designed to give them financial knowledge.

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A thumbnail of a video about investing.
A thumbnail of a video about investing.
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LEVEL UP YOUR
FINANCIAL KNOWLEDGE

BITE SIZED FINANCIAL LESSONS

We know investing can be a daunting topic, that is why we have built short and friendly financial lessons for you.

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Why Investing* Early is a Game-Changer for Teens

August 12, 2024

Financial literacy is an essential life skill, and it's never too early to start learning about money. Investing can be a powerful tool for long term wealth building but also for learning a healthy approach to money and finances that will benefit you for life.

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Teach your Under-18 to Fish: Why Financial Literacy Beats an Allowance Alone

July 25, 2024

Let's face it: most under-18s love getting pocket money. It's their ticket to freedom, fun, and those must-have sneakers. But what if pocket money could be more than just spending money? What if it could be a stepping stone to financial independence?

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Empowering Young Investors: How to Teach Your Kids about Investing (with Drip's safety controls)

July 29, 2024

Want to teach your teen about investing but not sure where to start? You're not alone! Investing can seem intimidating and complex. But with the right guidance and tools, the learning experience can bring lifelong value. Here's how to get started:

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faq's

What is Drip?

Drip is an app to learn to invest and build long-term wealth. It is currently in Beta.

We offer interactive learning experiences, minor accounts for under 18s with parental controls, 15 investment options with unlimited transactions, and a minimum of only $5 to start.

Is Drip safe?

Yes, Drip is a safe and legitimate micro investing app!

Drip Invest is part of Betterlabs Ventures, who is an authorised representative of Cache Investment Management Ltd (ACN 624 306 430, AFSL 514 360).

It uses encryption protocols to ensure your information is fully protected and it has robust processes against fraudulent and criminal activity. We are continuously monitoring for unusual or suspicious activities.

Also, as a parent, you can turn off the access to investment options at any time and set up limits for how much your teen can Drip.

All investments carry risk.

Who is behind Drip?

Drip is an initiative of BetterLabs Ventures, a $23m Venture Fund operating out of Western Australia.

BetterLabs has supported many startups in the fintech and education space, such as WeMoney and IDEA Academy. We have a team of professionals in finance, education and innovation.

Drip is licensed in Australia as a representative of Cache Investment Management. We offer investment options from the Cache Multi-Class Investment Fund, issued by K2 Asset Management.

How does Drip work?

It is an Australian legal requirement to be 18 years or over to make investments, so the parent/legal guardian is the one with the control over the investments.

Teens can research investment options and make suggestions, and the parents approve or reject them, having the final say in the investment decisions.

Parents have the option to setup a Minor or an Adult Account, depending on who they want the ultimate beneficiary of the investment to be.

How much does Drip cost?

At Drip, we understand the importance of affordability and education. This is why Drip was designed to make micro-investing more accessible and encourage learning.

Learning plans:

Drip <18:

Drip has been designed to be an educational hands-on experience and, for a limited time only, we are offering the educational plan for your under 18s for just $6.99/month ($14.99/month in the future). As a parent, you and your child can try Drip<18 for free for the first 4 weeks trial. This will give your child access to their own app and all of our learning features.

For more information, please view our Pricing here, read our Term & Conditions and Schedule of Fees and Promotional Deals.

Adult Only:

There is no monthly fee for an Adult Only account. Adult Only accounts do not have child app access included and have limited features, but maintain access to the 15 investment Options via the adult app.


💹 Financial product:

Our investment product charges just 0.8% pa on investment accounts - equal to just $8 per year (or 66c per month) on a $1k balance, which is less than the cost of one trade at many brokers.

For small balances, share trading platforms may not work well, as brokerage and other fees can end up higher, and they often have minimum trade sizes and fees.

Drip offers a smart way to invest small amounts in carefully selected ETFs without having to worry about saving big lumps of money or paying fixed transaction fees.

Additional costs, such as the management fee charged by the ETF manager, apply. For more information on the investment options, please read the PDS and TMD.

What makes Drip a good choice?

Drip offers a smart way to invest small amounts in carefully selected ETFs without having to worry about saving big lumps of money or paying fixed transaction fees, such as brokerage.

Our fees are charged as a percentage of the value invested, allowing to maximise the learning by diversifying your portfolio.

Please consider your personal circumstances and read our Product Disclosure Statement for more information. All investments carry risk.

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EMPOWERING THE NEXT GEN OF INVESTORS

EMPOWERING THE NEXT GEN OF INVESTORS

EMPOWERING THE NEXT GEN OF INVESTORS

EMPOWERING THE NEXT GEN OF INVESTORS

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