9 years ago

goHenry Breaks Record with £3.99 Million Crowdcube Funding

  • goHenry, a UK-based fintech startup, raised £3.99 million through a Crowdcube crowdfunding campaign, making it one of the world's largest equity crowdfunding rounds

  • goHenry offers a pre-paid Visa debit card and app with parental controls for children aged 8-18, aiming to teach them financial responsibility

  • The company chose crowdfunding as a viable alternative to traditional VC funding, allowing their customers to become part-owners

  • goHenry believes crowdfunding is a good option for high-growth startups, offering flexibility and avoiding the potentially restrictive terms of VC funding.

      • ProblemFinancial Services

      "making it easier for kids to learn how to manage money in a cashless world"

      Solution

      "goHenry provides a pre-paid Visa debit card and app with unique parental controls, for young people aged 8-18. These tools are designed to help children and teens learn to earn, save and spend responsibly whilst giving parents peace of mind and an easy way to manage their children’s pocket money & allowance."

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