GoHenry launches new teen-friendly account as it promotes financial independence for teens
Family-focussed financial management app GoHenry has launched a new account aimed at older teens seeking a bit of financial independence from their parents.
The new Teen account will be available for kids aged between 13 to 18 and will be automatically offered to existing account holders over the age of 13.
Users of GoHenry’s teen account will be able to have a salary paid into their account, in a first for the fintech.
Louise Hill, co-founder and COO of GoHenry, said: “We developed the Teen account to help young adults continue to learn good money management skills at a period when they are seeking more independence in all areas of life.”
“The GoHenry Teen account helps 13-18-year-olds with the transition into adulthood – offering more freedom and features to suit their growing independence, while still having the safety net of being guided by their parents, when needed.”
As well as giving its app a sleek new look for its teenage customers, Teen account holders will also be able to order a matte black card for a one-off cost of £4.99.
Just like other GoHenry accounts, the Teen account will need to be connected to a parent or guardian’s and will cost £2.99 per month.
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Source: GoHenry launches new teen-friendly account as it promotes financial independence for teens – AltFi
