Nanyang Polytechnic (NYP) and Metta School have launched the Metta Banking App – a first-of-its-kind digital learning tool that provides students with a safe, structured environment to practice financial management.  

The Metta Banking App is a pseudo-banking application designed to help special needs students practice financial literacy in a safe and controlled environment. By simulating real banking experiences, the app equips students with essential money-handling skills, ensuring they gain confidence and independence in managing their finances.

The app mimics real banking features, allowing students to register accounts and check balances. transfer funds and monitor transactions – all while learning about digital banking security through tokenised access. Available on both App Store and Google Play, this hands-on learning experience equips students with the skills they need to transition into more independent living.

Why Does it Matter?

📌 Bridging the Financial Literacy Gap

Special needs students often struggle with real-world financial management. This app offers them a safe, structured environment to practice handling money before stepping into actual financial transactions.

📌 Empowering Financial Independence 
By integrating digital banking into the curriculum, students gain confidence in managing their finances, supporting Metta School’s mission of preparing them for independent living.

📌 Supporting Educators 
With an administrative backend for bulk disbursements, account tracking, and payroll calculations 

Teachers and administrators benefit from: 
✅ More control over student financial activities 
✅ A structured way to track progress and provide interventions 
✅ Integrated reporting tools for better financial education

The app also boasts security features such as digital tokens and real-time alerts, and enhanced controls for monitoring and correcting student transactions.

With potential for scalability, the Metta Banking App lays the groundwork for future financial literacy tools that can be adapted for more schools and institutions supporting special needs education. Phase 2 of the project brings advanced features, including: 

• Digital token setup for better security,
• Merchant transaction insights to track spending patterns,  
• Individual-level upload and correction functionalities, and
• Advanced transaction download options for reporting

At Metta School, students have started to better understand financial concepts with the game-changing app.