Summary
Barclays has acquired GoHenry, a UK-based digital platform and prepaid debit card provider, in a deal worth approximately £180 million.
Summary of transaction details:
- Value: £180 million
- Sector: Fintech
- Advisor: Not disclosed
- Key Entities: GoHenry, Barclays
- Location: UK
Note: The acquisition is part of Barclays' strategy to expand its UK operations and offer a seamless banking experience to customers through all stages of life. GoHenry's platform teaches children how to manage their money, and the deal is expected to help Barclays capture customers at a young age and retain them as they move into adulthood.
Lead Investor / Acquirer
Barclays
Advising Broker
Undisclosed Firm
Related Deals in Fintech
Exited prioritisedOriginal Source
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