{"id":64991,"date":"2026-06-17T14:59:20","date_gmt":"2026-06-17T14:59:20","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/64991\/"},"modified":"2026-06-17T14:59:20","modified_gmt":"2026-06-17T14:59:20","slug":"barclays-to-buy-kid-focused-financial-literacy-app-gohenry-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/64991\/","title":{"rendered":"Barclays to buy kid-focused financial literacy app GoHenry"},"content":{"rendered":"\n

This story was originally published on Banking Dive<\/a>. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter<\/a>. <\/p>\n

Barclays has agreed to acquire GoHenry, the U.K.-based financial literacy app geared toward children, the bank announced last week<\/a>.<\/p>\n

The transaction is set to close in the fourth quarter, though the value of the deal was not disclosed.<\/p>\n

GoHenry lets kids as young as age 6 set savings goals and complete money lessons. It also offers prepaid debit cards with parental controls and allows family members to open junior individual savings accounts.<\/p>\n

U.S. fintech Acorns, which bought GoHenry in 2023<\/a>, will retain GoHenry\u2019s U.S. business, according to a Friday press release.<\/p>\n

\u201cOur mission has always been to make every kid smart with money. Joining forces with Barclays gives GoHenry a platform to accelerate that mission in the U.K.,\u201d Louise Hill, GoHenry\u2019s founder, said in a statement. \u201cGoHenry isn\u2019t going anywhere. What changes is our ability to do more.\u201d<\/p>\n

Barclays intends to retain the GoHenry brand and stand-alone app, the bank said.<\/p>\n

By buying GoHenry, Barclays adds a platform that serves more than 500,000 children in the U.K. The transaction \u201caccelerates Barclays\u2019 strategy to deepen customer relationships, including with mass affluent households,\u201d the bank said Friday.<\/p>\n

Vim Maru, Barclays\u2019 U.K. CEO, said the deal would \u201cturbocharge our offering for households and families.\u201d<\/p>\n

\u201cGoHenry supports our vision to offer a deep and seamless banking experience to customers through all of life\u2019s big moments, whether opening a very first account, saving for retirement, and everything in between,\u201d Maru said.<\/p>\n

The transaction is expected to reduce Barclays\u2019 common equity tier 1 ratio by roughly five basis points once the deal closes. The deal will not affect financial guidance or targets for the bank in 2026 or 2028, according to the release.<\/p>\n

Barclays and Acorns are \u201cexploring other ways to collaborate to better serve our customers,\u201d the bank said.<\/p>\n

Meanwhile, Noah Kerner, Acorns\u2019 CEO, said his company would \u201cdouble down on growing the leading financial wellness app for American families.\u201d<\/p>\n

\u201cSelling the GoHenry UK business to Barclays allows GoHenry to serve many more UK kids and further its important mission,\u201d Kerner said.<\/p>\n","protected":false},"excerpt":{"rendered":"This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free…\n","protected":false},"author":2,"featured_media":64992,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21264],"tags":[3343,12928,29669],"class_list":["post-64991","post","type-post","status-publish","format-standard","has-post-thumbnail","category-barclays","tag-barclays","tag-financial-literacy","tag-gohenry"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116766045828169850","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/64991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=64991"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/64991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/64992"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=64991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=64991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=64991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}