FE News | Fintech 11Onze launches an open access website offering free financial literacy training for teachers

by James · January 23, 2023

To meet the growing demand for financial education in schools, community fintech 11Onze has launched a website 11Onze Escola for Catalan teachers that unlocks free access to a wealth of information, guides and games about money matters.

Escola shares instructional guides for teachers and also games to test the acquired knowledge. In this way, schools can organize a class with 11Onze or they can use the informative guides directly to work in the classroom.

“We have conducted trial classes at the Arraona Institute in Sabadell and Cendrassos in Figueres. We are now entering the phase of planning classes for these schools and for the 10,000 public schools that may request a session,” confirmed Antoni Mata, Director of Content and the media, 11Onze.

Schools have the option of virtual or face-to-face sessions. In both cases, an 11Onze representative will offer them a 1-hour class. Right now we offer three types of classes: Introduction to Financial Education; Open banking services; Digital currencies.

“With these classes we can touch on some important topics in the new economy. Because by analyzing the curricula we have seen that they lack this content. About embedded finance, CBDC, tokenization, mining, open banking… We believe that students must be prepared to manage their money in an environment that is going to be radically different from what we have now, Mata added.

Speaking about the open access web for schools, James Sène, Chairman, 11Onze said:

“In Catalonia there are very competent teachers and through the 11Onze Escola platform we offer them the opportunity to expand their educational curriculum to include financial literacy. We already have a unique platform that educates our community on money matters and offers services for value creation. So it was a natural move for us to reach out to the younger generation and help them make informed decisions about investments and spending.”

“The 11Onze Escola project is not a one-off campaign, it will remain and become one of the hallmarks of 11Onze. From day one, we have sought to impart economic knowledge because we believe it is the best way to achieve a more economically just society. With the right knowledge, people make the right decisions and keep a better eye on their rulers and companies. It is a question of economic education, but at the core it is a question of democracy, concluded Sène.

Jordi de Rialp, economics teacher at Arraona College in Sabadell (Barcelona) said:

“The class taught by 11Onze was very useful not only for the students but also for me as the person responsible for teaching the subject. The fact is that education evolves with society. New technological tools, financial products and other ways of doing banking on, along with emerging economic challenges such as global sustainability, etc. While knowledge is unlimited, our time and resources are limited. Escola helps us teach financial literacy.”

“I believe that a good teacher always teaches, in the same way, that a doctor must stay up to date with the latest scientific advances. And this is what 11Onze has brought to our school. A new way of understanding banking, investment products … a fresh approach to financial education for young people.”