Empower and Protect

Pannovate's Financial Solution for Vulnerable People

At Pannovate, we believe that everyone deserves the dignity and freedom to manage their money safely, no matter their personal circumstances. Whether caring for someone living with dementia, mental health challenges, or another condition affecting their ability to manage finances, Pannovate offers a secure, innovative financial solution that puts control back into the hands of carers and guardians.

Our product is designed to support vulnerable individuals by combining flexibility, security, and oversight to ensure their financial independence and protection.

Product Overview

Financial Management Solution for Vulnerable People

Pannovate's Vulnerable People Financial Solution is a comprehensive platform that helps carers and organisations ensure the financial safety of individuals who need extra support. Powered by our secure debit card and mobile app technology, this solution allows for full control over spending, real-time notifications, and adaptive security features to meet the unique needs of every individual.

Whether it's a parent dealing with memory loss or a person facing cognitive challenges, our product is designed to help them live more independently while protecting their financial wellbeing.

KYC (Know Your Customer)

AML (Anti-Money Laundering)

GDPR compliance and data protection

Simplified Onboarding Process

Pannovate has developed a simplified onboarding process to minimise friction while ensuring security and compliance. Our process leverages advanced document verification technologies, automated checks, and streamlined workflows to authenticate PoA documents quickly and accurately. This ensures that carers and guardians can onboard their loved ones without the usual delays and difficulties.

Document Upload and Verification

Easy-to-use interface to upload PoA documents, with real-time validation for faster processing.

Secure Identity
Checks

Both the carer and the vulnerable individual undergo swift and secure identity checks to ensure compliance with legal and financial regulations.

Automated Approval Workflow

Our advanced workflow ensures that approvals are handled quickly, with notifications sent at each stage, reducing the waiting time and manual intervention.

Key Features

Customisable Debit Card & Mobile App

A debit card linked to a user-friendly mobile app allows carers to set limits on spending, control transaction types (e.g., online, in-store, ATM), and monitor usage. This ensures that individuals maintain autonomy while their funds are safeguarded.

Customisable Debit Card & Mobile App

Empowered Spending

Parent-Child Account Structure

Enhanced security protocols such as biometric authentication and fraud detection provide additional layers of protection against scams and financial exploitation, which are common concerns for vulnerable populations.

Parent-Child Account Structure

Spending Controls & Merchant Restrictions

Ensure safe spending by restricting purchases to certain types of merchants or setting up daily, weekly, or monthly limits. These controls offer tailored support, so individuals can spend freely within safe boundaries.

Spending Controls & Merchant Restrictions

Security Alerts & Fraud Protection

Real-Time Transaction Control

Carers and guardians can instantly freeze or unfreeze the card, set up automatic top-ups, and receive real-time spending notifications to quickly react to any unusual or suspicious activity.

Real-Time Transaction Control

Flexible for Changing Needs

As the individual’s condition evolves, the app’s settings can be easily adapted to reduce or increase levels of control. This flexibility ensures that the user can maintain their independence for as long as possible while staying financially secure.

Flexible for Changing Needs

Tailored Support Solutions

Integrate our solution with health or social care organisations to offer tailored financial support programs, maximising impact and ensuring seamless care.

Tailored Support Solutions

Collaboration with Health and Social Care Providers

Key Benefits

Increased Security Against Fraud

Vulnerable people are at high risk of financial scams and abuse. With built-in fraud detection, customisable controls, and real-time alerts, Pannovate's solution offers the highest level of protection against these risks.

Financial Independence

Pannovate's solution empowers vulnerable people to continue managing their finances in a safe and secure way, allowing them to maintain their dignity and sense of autonomy.

Peace of Mind for Carers

Family members, carers, and guardians gain peace of mind knowing that they have full visibility and control over spending. They can review transactions at any time, monitor for unusual behaviour, and act immediately if something goes wrong, without entirely removing the individual’s independence.

Full time control

Set daily limit

Enter amount

Peace of Mind for Carers

Customisable and Scalable

Whether supporting a family member, managing a care facility, or working for a social organisation, the product can be customised to fit various needs. As user requirements change over time, the system remains adaptable.

Simplified Onboarding

We’ve removed the friction from the onboarding process, streamlining everything from verifying Power of Attorney documents to identity checks. Our automation ensures fast approvals, reducing delays and giving users access to their financial tools without unnecessary barriers.

Simplified Onboarding

Pannovate has a proven track record of delivering innovative financial products that transform how people interact with money, ensuring that those who need extra support can access and manage their finances independently and safely.

Service Portfolio

Empower and Protect Pannovate's Financial Solution for Vulnerable People

Join us in empowering vulnerable individuals to manage their money with confidence. To learn more or get started, contact us today.

Empower and Protect

Financial Management Solution for Vulnerable People