Barclays to buy GoHenry kids’ debit card and money app
Barclays has agreed to acquire the UK business of GoHenry, a fintech company specializing in debit cards and financial education apps for children. The acquisition aims to strengthen the bank's offerings for families and young customers.
Why it matters
This acquisition highlights the ongoing trend of traditional banks integrating fintech solutions to capture younger demographics.
About 500,000 children in the UK have GoHenry accounts. Photograph: Colin Ross View image in fullscreen About 500,000 children in the UK have GoHenry accounts. Photograph: Colin Ross Barclays Barclays to buy GoHenry kids’ debit card and money app High street bank to buy UK business from US fintech company Acorns as it targets young people
The article provides a straightforward business report on an acquisition deal.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in