LONDON—A financial services fintech that’s targeting youth is growing.
GoHenry, which offers services specifically for those under 18, announced a round of growth funding—money it plans to use to continue building out its business in the U.S. and U.K., Tech Crunch reported.
GoHenry, which provides a pre-paid debit card and corresponding app to minors as young as six and no older than 18 that in turn can be controlled and topped up by parents, has raised $40 million.
Led by Edison Partners, the round also had participation from Gaia Capital Partners, Citi Ventures (the strategic investment arm of Citibank), and Muse Capital.