The Guardian Australia – Business ·business ·6 hours ago

Barclays to buy GoHenry kids’ debit card and money app

Barclays agreed to acquire the UK business of GoHenry, a money management app for children, from US fintech company Acorns. The deal, valued between $250 million and $500 million, aims to enhance Barclays' offerings for young customers and is expected to close next year. This acquisition marks Barclays' effort to compete in the growing youth banking market.

Summary by OZbrief · The Guardian Australia – Business

Next