gohenry is Here to Help Your Child be Good with Money
NEW YORK, Feb. 6, 2019 /PRNewswire/ -- gohenry, the world's first debit card and app with unique parental controls designed for 6-18 year-olds, is excited to announce its official launch in the U.S.– gohenry has over 600,000 users in the U.S. & U.K.
Research shows children as young as five years old experience distinct emotional reactions to spending and saving money, which translate into real-life spending behaviors. With 60% of financial transactions occurring digitally in the U.S., it is critical for kids and teens to learn to manage both cash and digital money.
gohenry's mission is to help millions of kids be good with money by allowing them to learn how to earn, save, spend and give back in an increasingly digital world. Parents can set spending limits and rules, make automatic allowance payments, transfer money in real-time, and use the app to manage chores to help their kids earn extra money. gohenry offers kids and teens a safe spending solution and budgeting tools while encouraging financial literacy at an early age.
"Our mission is simple -- to help millions of kids be good with money. We're humbled and excited to offer American parents a tool to help their children learn about the value of money and how to manage it confidently, in a safe and practical way," said Dean Brauer, Co-founder & Executive Vice President at gohenry.
gohenry was founded in 2012 in the U.K and launched in beta in the U.S. in Spring 2018. The company is founded and funded by parents, backed by their own customers, the management team and co-founders, and a network of smart Angel investors, including CEOs from some of the world's largest private and public technology companies. Since 2016, gohenry has used equity crowdfunding, raising over $15m USD, including $3m USD from their own customers.
As a part of their U.S. launch, gohenry launched a new Giving feature in partnership with the Boys & Girls Club of America, one of the most well-known and respected children's charities in the country. The feature allows children to safely donate to the charity as donations are monitored by parents.
For more information about gohenry and their partnership with Boys & Girls Clubs of America, read the full press release here. Key brand statistics, executive team profiles, case studies and more can also be found here.
About gohenry
Launched in the UK in 2012 with a mission to help millions of kids be good with money, gohenry was the world's first financial education tool built for the digital generation. gohenry launched in the U.S. in partnership with Mastercard in 2018. Founded by parents, designed for kids and teens, gohenry offers a debit card and app with unique parental controls for kids aged 6-18. Parents use gohenry to help their children spend safely and learn good money habits, and it also helps to make allowance easy, and to spark positive conversations about money with their kids. gohenry's Earning, Saving, Spending and Giving features offer kids and teens a practical way to learn good money habits.
The gohenry card is issued by Community Federal Saving Bank, member FDIC, pursuant to license by Mastercard International.
For more information and to sign up for gohenry visit: www.gohenry.com
The gohenry app is available to download on the Apple Store and on Google Play
© gohenry Inc.
SOURCE gohenry
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