Flyte: Investing for Under 18s

4.0
445 reviews
10K+
Downloads
Content rating
Everyone
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About this app

Giving kids a headstart on building their financial future



With Flyte, under 18s can now invest in stocks and crypto, and spend with their own debit card. If you're under 18, you'll get your first stock or crypto when you sign up. Once you're signed up you can invest with as little as $1 into stocks, ETFs and crypto, all while learning how to invest and build financial security. You can add your debit card to Apple Pay right away, and your card should arrive in about 5-7 business days.

INVESTING - STOCKS & CRYPTO
Invest into 1000s of different stocks, crypto currencies and exchange traded funds (ETFs). Investing as little as $1, you can learn how to invest while making your savings work for you. Want to make your investing regular? Setup automatic weekly or monthly orders to take advantage of time and dollar cost averaging. Keep it up and you'll be getting your future right on track.

FLYTE CARD
A debit card that lets you spend where you want, when you want. Choose from one of 8 different card designs. Add your card to Apple Pay. Plus a virtual card for additional security when you make online purchases. Earning an income? When you share your Flyte bank details with your payroll company, you'll get your paycheck two days early - how about that!

SEND & RECEIVE CASH, STOCK & CRYPTO
Share your Flyte tag or profile link with your friends or family and they can transfer you back for that movie ticket or dinner bill in cash, stock or even crypto. You can also send cash, stock or crypto to anyone with just a phone, email, Flyte handle or from your friends profile pages. The more you share your Flyte handle or profile link with friends and family, the faster you'll be getting yourself ahead.

REACH YOUR GOALS WITH SMART-INVEST
•Set & Invest Towards Goals•

LEARNING
Build financial independence / learning
•Financial Lessons for Life•

NO FEES/COMMISSIONS
• No fees or commissions for trades

SAFETY & SECURITY
Investments and investment cash are SIPC insured up to $500,000. Bank deposits are FDIC insured up to $250,000. We protect your account using bank-level security and encryption standards.

Build your financial future early. Loved is for young people to invest, save, build wealth and good financial habits for the future. The earlier kids start investing and creating good habits, the more they can save in the long run, and be prepared financially for their future.

Disclosures

• Brokerage services are provided to Flyte by Apex Clearing Corporation.

Individuals should consider their own investment objectives and the Flyte fees. See our Customer Relationship Summary at flyte.com/crs

• Flyte Investing utilizes brokerage services provided by Apex Clearing Corporation, a member of FINRA & SIPC. Check the background of Apex Clearing Corporation on FINRA's BrokerCheck

• Flyte Banking services are provided by Evolve Bank & Trust, Member FDIC

• Flyte Crypto is served by Flyte Crypto LLC and offered through Apex Crypto LLC. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Flyte Crypto LLC. Please ensure that you fully understand the risks involved before trading: apexcrypto.com/legal

© 2022 Elevated Principles Inc.
Updated on
Sep 8, 2022

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Personal info, App info and performance, and Device or other IDs
Data is encrypted in transit
Data can’t be deleted
4.0
445 reviews
jdawg moss
August 8, 2022
I have done a few reviews on this app, and here is the latest opinion, since it changed to flyte and added the debit bank account it is nothing but a nightmare! Money not transferring, can't find it, pendings held up for weeks, funding accounts dropping, other processes that flyte places blame on for why. It's very frustrating and slow assistance for issues. I would not recommend and probably wait until flyte gets all the bugs out before attempting this app.
31 people found this review helpful
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Loved
July 29, 2022
Hi Jdawg, Sorry to hear about the bad experience. We'd love to work to get this fixed for you if you can contact us at support@flyte.com or via the app. Otherwise if this is fixed, we'd love you to update your review to confirm it's working now. Thanks, Flyte Team
Christopher Nash
April 29, 2020
I love the concept [see what I did there? :-) ] but the execution of the app just isn't great. There were several bugs and issues and missing features that I just don't think I'll invest the effort to use it for custodial accounts for my children. I'll check back in 6 months and see if it has improved and I might give it another shot. (Bug adjusting "LovedID" where won't bring up keyboard, no way to set own Goals or delete existing default goals, weird text wrapping for long names, etc)
24 people found this review helpful
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Loved
April 30, 2020
Hi- With every new app version we are introducing new features and improving existing ones. We are sure that your feedback will only help us improve further. Thanks, Loved.com
Jeremy Chau
January 4, 2021
Easy to use app. I really like that the kids have access. I wish the kids have an ability to create an order (pending adult approval) and be able to place that order. The other feature I'd like to see is a wishlist for the kids. The app is limited in ability to change goals. i.e. Being a new user, I tried setting a goal for my son, and once its confirmed,you can only stop future investments; the first investment is done. You can also only link to 1 bank account.
20 people found this review helpful
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What's new

We have rebranded ourselves as Flyte.
Important bug fixes