Barclays Adds Leading Youth Money Management Platform GoHenry to Support Customers From First Account to Adulthood

Barclays Adds Leading Youth Money Management Platform GoHenry to Support Customers From First Account to Adulthood

(IN BRIEF) Barclays has agreed to acquire GoHenry, the UK money management platform for children and teenagers aged 6 to 18, from Acorns Grow Incorporated, with completion expected in the fourth quarter of 2026 subject to regulatory approvals and other conditions. GoHenry’s app helps children learn to earn, save, spend and invest through a prepaid debit card, parental controls, savings goals, money lessons and Junior ISA investment options. Since launching in 2012, GoHenry has helped more than two million young people in the UK build money skills and currently serves more than half a million UK children. Barclays plans to retain the GoHenry brand and standalone app, using the acquisition to strengthen its family and youth banking proposition and support customers across more life stages. Acorns will retain the GoHenry US business, now operating as Acorns Early, as well as Pixpay in Europe. The transaction is expected to reduce Barclays’ CET1 ratio by around five basis points and will not affect Barclays Group or Barclays UK financial guidance or targets for 2026 or 2028.

(PRESS RELEASE) LONDON, 12-Jun-2026 — /EuropaWire/ — Barclays has entered into an agreement to acquire GoHenry, the UK money management platform for children and teenagers aged 6 to 18, in a transaction that will strengthen Barclays UK’s offering for families and young customers.

Barclays Bank UK PLC will acquire GoHenry from Acorns Grow Incorporated, with completion expected in the fourth quarter of 2026, subject to regulatory approvals and other customary conditions. Acorns will retain the GoHenry US business, which now operates under the Acorns Early brand, as well as Pixpay in Europe.

GoHenry provides a digital money app that helps children learn how to earn, save, spend and invest, supported by parental oversight. The platform includes a prepaid debit card with parental controls, savings goals, in-app money lessons and tools that allow parents to guide and monitor their children’s financial choices. Family members can also invest for children’s futures through Junior ISAs.

Since launching in 2012, GoHenry has helped more than two million young people in the UK build money skills. As of March 2026, the platform served more than half a million UK children and was supported by a team of around 200 people and a cloud-based technology platform. Barclays said GoHenry is one of the most recognised brands in the UK youth banking segment, with a net promoter score of +58.

The acquisition supports Barclays’ strategy to deepen customer relationships, including with mass affluent households, by adding purpose-built capabilities for younger customers and their families. Barclays plans to retain the GoHenry brand and its standalone app after completion.

By bringing GoHenry into Barclays UK, Barclays aims to combine a leading youth financial education platform with its banking expertise, enabling the Group to serve customers across more stages of life, from a child’s first experience with money through to broader household banking needs.

Vim Maru, CEO of Barclays UK, said GoHenry has played a pioneering role in youth-focused financial services and has built a market-leading children’s brand through its all-in-one app. He said the acquisition will strengthen Barclays’ household and family proposition and support the bank’s ambition to provide a deeper, more seamless banking experience across major life stages.

Louise Hill, Founder of GoHenry, said the company’s mission has always been to make every child smart with money. She said joining Barclays will give GoHenry a platform to accelerate that mission in the UK and create a pathway for members to continue their financial journey when they turn 18.

Noah Kerner, CEO of Acorns, said Acorns is focused on financial wellness for American families and that its acquisition of GoHenry in 2023 helped build Acorns Early into a US leader in the children’s financial services space, with more than 1.4 million customers. He said selling the GoHenry UK business to Barclays will allow GoHenry to serve more children in the UK while Acorns focuses on growing its US financial wellness platform.

The transaction is expected to reduce Barclays’ CET1 ratio by approximately five basis points upon completion, based on the Group’s CET1 ratio as of March 31, 2026. Barclays said the transaction will not affect its financial guidance or targets for Barclays Group or Barclays UK for 2026 or 2028.

Barclays and Acorns are also exploring other potential areas of collaboration to better serve customers.

GoHenry describes itself as a money app giving 6- to 18-year-olds a head start in life by helping them learn, earn, spend, save, give and invest with parental support. The company was also involved in the campaign to make financial education compulsory in all schools in England from primary age, a change scheduled for implementation in September 2028.

Barclays is a diversified bank with UK consumer, corporate, wealth and private banking franchises, alongside a leading investment bank and a specialist US consumer bank. The Group says its vision is to be the UK-centred leader in global finance.

Notes to editors

1 The terms Barclays and Group refer to Barclays PLC together with its subsidiaries.
2 Barclays UK will acquire Mighty Acquisition Sub Ltd. which owns 100% of the share capital of GoHenry Limited. Mighty Acquisition Sub Ltd. is currently owned by  Acorns. Acorns will retain the GoHenry US business, which now operates under the Acorns Early brand, as well as Pixpay in Europe (i.e., not part of the Transaction).
3 As of March 2026.
4 Based on all-time active UK child members since October 2012.

About Barclays:

Our vision is to be the UK-centred leader in global finance. We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

For further information about Barclays, please visit our website home.barclays

About GoHenry:

GoHenry is the money app giving 6-18-year olds a head start in life as they learn to earn, save, spend and invest – all with parental oversight. Having pioneered a new category in financial education when it launched in 2012, over 2 million kids have now learnt money skills with GoHenry.

With the ultimate goal to make every kid smart with money, GoHenry believes the best way to learn is to get hands-on experience with money. Its parent and child apps help kids to Learn (via in-app, bite-sized money lessons, Money Missions); Earn (via regular chores, one-off tasks and giftlinks); Spend (responsibly via its prepaid debit card and real-time notifications); Save (via savings goals and interest on savings); Give (via regular micro-donations to the NSPCC); and Invest (via parents investing in a GoHenry Junior ISA).

As a mission-led business, GoHenry was instrumental in the successful campaign to make financial education compulsory in all schools in England from primary age, a landmark change set for implementation in September 2028. Follow GoHenry’s journey on LinkedIn, Instagram, and TikTok (@gohenry).

About Acorns:

Acorns is the financial wellness company helping everyday Americans grow their money for the long term. Since 2014, Acorns has grown into a global company with multiple life stage products serving the needs of kids, teens, adults and parents. Named one of America’s Best Financial Services of 2026 by TIME, Acorns has served over 14 million people, and helped customers save & invest over $30 billion dollars, much of it from spare change and small amounts.

Forward-looking statements

This document contains forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and Section 27A of the US Securities Act of 1933, as amended, with respect to the Group (“Barclays”). Barclays cautions readers that no forward-looking statement is a guarantee of future performance and that actual results or other financial condition or performance measures could differ materially from those contained in the forward-looking statements. Forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as ‘may’, ‘will’, ‘seek’, ‘continue’, ‘aim’, ‘anticipate’, ‘target’, ‘projected’, ‘expect’, ‘estimate’, ‘intend’, ‘plan’, ‘goal’, ‘believe’, ‘achieve’ or other words of similar meaning. Forward-looking statements are based on the current beliefs and expectations of Barclays’ directors, officers and employees and are subject to significant risks and uncertainties. Actual outcomes may differ materially from those expressed in the forward-looking statements. In setting its targets and outlook for the period 2026-2028, Barclays has made certain assumptions about the macroeconomic environment, including, without limitations, inflation, interest rates, the different markets and competitive conditions in which Barclays operates, and its ability to grow certain businesses and achieve costs savings and other structural actions. Factors that could impact Barclays’ future financial condition and performance are identified in Barclays PLC’s filings with the US Securities and Exchange Commission (“SEC”) (including, without limitation, Barclays PLC’s Annual Report on Form 20-F for the financial year ended 31 December 2025) which are available on the SEC’s website at www.sec.gov.

Subject to Barclays’ obligations under the applicable laws and regulations of any relevant jurisdiction, (including, without limitation, the UK and the US), in relation to disclosure and ongoing information, we undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE: Barclays