’11Eleven School’ launched to help students master financial literacy – FE News

In its march towards educating the Catalan community about money matters and financial ecosystems, Barcelona-based fintech 11Onze has launched its “11Onze School” program. The Cendrassos Institute of Figueres in Gironais is the first school to have received a training session.

The mission is to engage and educate young students to improve their financial literacy by teaching them how money works and the technology behind it.

“Financial literacy remains our key mission”, explained the president of 11Onze, James Séne. “After the successful launch of the La Plaça platform (private social network) which offers a range of information on money matters and future trends in economy and banking, we have decided to launch Fintech Talks for professionals and 11Onze School for young students.”

The idea was suggested by members of La Plaça de 11Onze, Séne revealed. “Impressed by the information disseminated on La Plaça, a secondary school teacher asked us if we could offer a financial education session to his students. We have decided to go further and not only offer financial literacy sessions, but also to appoint 11Onze ambassadors in schools who will continue the financial literacy campaign.

11Onze agents Mireia Cano and Coral Santacruz kicked off the initial session for students of the Higher Education Cycle in Transport and Logistics at the Cendrassos Institute in Figueres, Girona, to learn about fintech, key concepts of the economy and the different payment systems that exist today.

Mireia Cano, leader of Agents 11Eleven, observed,

“Students showed quite a good knowledge and huge interest in the world of cryptocurrencies, however, little knowledge of how money actually works.

“For young people, digital banking is no longer a mystery, although they know little about all the processes behind it. Since almost all of them have financial apps on their cell phones, they are passionate about financial education,” Cano explains.

Joan Medard Oriol Barris, professor at the Cendrassos Institute in Figueres, said: “We were delighted that 11Onze offered this financial literacy session..It was quite popular. It broadened the subject I teach and covered key technologies used in financial institutions, financial instruments, payment and collection systems…subjects you don’t learn in your day to day life .

“In today’s environment, where we have to rely on ourselves to make important decisions such as which credit cards, mortgage deals or savings instruments to choose, the responsibility to educate ourselves is paramount – at the both individually and collectively,” explained Séne.

With the successful launch of the 11Onze school program, the community fintech aims to cover all schools in Catalonia within two years.

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