Acorns expands into youth fintech with GoHenry acquisition.
Acorns, a US-based savings and investing startup, has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6-18 year-olds in an all-equity deal. The acquisition will add new backers to Acorns’ cap table and give it an opening to grow internationally, starting with GoHenry’s existing footprint across the UK, France, Italy, and Spain. The combined company will have nearly 6 million subscribers, and the executives say that the combined company will let them serve customers through all life stages – from birth to retirement.
