“Over 50% of the 73 million seniors in the United States do not feel prepared financially for retirement, and for too long, their unique financial needs have been neglected. Charlie is designed to meaningfully address the many challenges this community faces, such as rampant financial fraud, shifting from accumulating assets to deaccumulation and a lack of transparency, control, and trust with most financial services products they encounter.”

https://techcrunch.com/2023/10/31/charlie-which-provides-banking-services-to-seniors-secures-23-million-in-capital-six-months-after-launching/