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Modak is a US-based fintech platform leveraging the power of fintech and gamification to empower kids to reach their full potential. We are founded with an audacious vision to enable kids to reach their full potential, regardless of their background. We pursue this mission by offering a gamified fintech and learning ecosystem - with teen debit cards, financial literacy, and other services. We build for scale and security using the best technologies and enrich the user experience with a thriving community that supports each other. Modak is trusted by tens of thousands of families across the US (and growing rapidly!). Modak is founded by Madhu Yalamarthi (Stanford MBA’19 and MS’20; Arjay Miller Scholar) and supported with ~$19 Million USD in funding from Notable Capital (fka GGV Capital), Nazca, Monashees, and 25 other leadings VCs and angels.

Modak Questions

The Modak annual revenue was $18.1 million in 2026.

Madhu Yalamarthi is the Cofounder and CEO of Modak.

55 people are employed at Modak.

Modak is based in California, Maryland.

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