What is GoHenry and what do they do?

GoHenry is a global leader in money management and financial education for kids, along with its European arm Pixpay, a teen banking and education product. GoHenry was founded in 2012 with a mission to make every kid smart with money.

GoHenry is a financial tool for children ages 6-18 and for their parents. Parents access their account through the GoHenry app and use it to manage their child’s allowance and more. Setting an allowance can be done manually or you can set a periodic allowance each week. Parents can also set tasks for their child to complete to earn extra money and get real-time spending notifications. 

Children can spend their allowance and payments on a customizable GoHenry Mastercard debit card. They can use their cards to make purchases in shops and online and to withdraw cash from ATMs. They can only spend the money on the card, so there’s no danger of them running up debt or overdrafting their accounts. They can use the app to see their balance and the spending limits you’ve set for them. 

GoHenry also has  ‘Money Missions’ — a resource where children can learn financial skills through videos, quizzes, and games. As they unlock new missions, they’ll earn points and badges to keep them motivated to learn more.