Visa and GoHenry Aim to Boost Finance Education

Visa and GoHenry have are aiming to grow a system that has been active in the U.K. for 10 several years. 

The payments huge and the youth-oriented prepaid card and economic training application introduced a new partnership that aims to enhance economical education in youths all around the environment, the businesses explained Tuesday (Nov. 29) in a push launch emailed to PYMNTS. 

With the new partnership, the two businesses will help 6- to 18-calendar year-olds all around the world master about funds, and Visa will be the exceptional international network companion for GoHenry’s prepaid cards in the U.S., U.K. and Europe.

“GoHenry has transformed the match for economic education and learning for young men and women,” Vanessa Colella, senior vice president and world wide head of innovation and digital partnerships at Visa, stated in the release. “We’re excited to develop our international partnership, which will support GoHenry’s designs to start in new markets and provide new features that empower mom and dad and little ones all around the planet.” 

GoHenry’s app and pay as you go card assist younger men and women learn about earning, conserving, shelling out responsibly, offering to charity and other elements of dollars, according to the push launch. It also delivers dad and mom with genuine-time updates and customizable controls so that they can guide their child’s progress in the program.

“With our new European expansion, and plans for ongoing progress, Visa’s in-nation expertise, guidance and strong world wide model will be a must have as we operate to serve and expand our two-million-in addition member base and reach our mission to make each and every kid intelligent with funds,” GoHenry Co-founder and U.S. President Dean Brauer mentioned.

This announcement comes about four months following GoHenry obtained the French organization PixPay, which operates a similar company, and explained the offer would empower it to quickly improve its consumer base from the U.K. and U.S. to continental Europe. 

PixPay was founded in 2019 and has established itself as a chief in teenager banking in France and Spain, with nearly 200,000 consumers. 

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