Sibstar is the UK’s first debit card and app designed to help people living with dementia safely manage everyday spending
- The Mastercard debit card is pre-loaded with funds and can be managed through the Sibstar app
- Each element of Sibstar’s functionality can be instantly switched on or off
- There are currently around 900,000 people with dementia in the UK, and this number is projected to rise to 1.6m by 2040
What does this mean?
Jayne Sibley, co-founder of Sibstar commented, “As my Mum’s dementia progressed her ability to manage her everyday money declined. One of the hardest challenges we faced as a family was finding a way for Mum to remain financially independent whilst keeping her money safe. Mum is capable in so many ways, but needs access to her own money in order to live her life the way she wants to. That’s why we developed Sibstar. How we choose to spend our money is a big part of who we are, that doesn’t need to change because you have dementia. We believe Sibstar provides a way for people living with dementia to manage and access their own money more safely, reducing their financially vulnerability, which means they can remain independent and live life the way they choose.”