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British pre-paid debit card startup focused on kids and teens, bought Pixpay, a French banking app for teens. GoHenry backers include Edison Partners, Gaia Capital Partners, Citi Ventures and Muse Capital, while Pixpay raised funding from such firms as Bpifrance and GFC.
“When we launched in the U.K. in 2012, we pioneered a new category in fintech, and therefore had to grow a whole category from scratch with noone to learn from before us,” he said. “Once we decided we were ready to expand internationally, our timing in Europe was always part of the plan. Our first step was to launch in the U.S., which we did in early 2018 and have experienced triple-digit year-on-year growth. Following our funding round in December 2020, we were looking for the right opportunity to expand into Europe.”
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