top of page

Barclays To Acquire GoHenry, A Money Management Platform



Barclays PLC (“Barclays”) announces that Barclays Bank UK PLC (“Barclays UK”) has entered into an agreement to acquire GoHenry, operating through GoHenry Limited (“GoHenry”) (the “Transaction”) from Acorns Grow Incorporated (“Acorns”). Completion of the Transaction (“Completion”) is expected to occur in Q4 2026, subject to certain regulatory approvals and other conditions.


GoHenry’s digital platform allows UK children to learn to earn, save, spend and invest through a purpose-built app, with integrated tools for parents to monitor, guide and support their children’s financial choices.


It enables children to spend through a prepaid debit card with parental controls, set savings goals and complete money lessons, while family members can invest in their future through Junior ISAs.


GoHenry is one of the most recognised brands for youth banking in the UK youth banking segment with an NPS of +583 and, since launching in 2012, has helped over 2 million young people to build money skills. Supported by a team of circa 2003 and a cloud-based technology platform, GoHenry currently serves more than half a million UK children.


The Transaction accelerates Barclays’ strategy to deepen customer relationships, including with mass affluent households, through purpose-built capabilities. Barclays intends to retain the GoHenry brand with its standalone app. The Transaction brings together a renowned youth proposition and Barclays’ expertise in banking, enabling Barclays to serve customers of all ages.


The Transaction is expected to reduce Barclays’ CET1 ratio by approximately 5bps upon Completion (based on Barclays’ CET1 ratio as at 31 March 2026). The Transaction will not affect financial guidance or targets for Barclays Group or Barclays UK for 2026 or 2028.


Barclays and Acorns are also exploring other ways to collaborate to better serve our customers.


Vim Maru, CEO of Barclays UK, commented:

“GoHenry has played a pioneering role in creating youth-focused financial services, building a market-leading brand for children thanks to its innovative all-in-one app. We’re excited to welcome GoHenry to Barclays, where it will turbocharge our offering for households and families. GoHenry supports our vision to offer a deep and seamless banking experience to customers through all of life’s big moments, whether opening a very first account, saving for retirement, and everything in between.”

Louise Hill, Founder of GoHenry, commented:

“Our mission has always been to make every kid smart with money. Joining forces with Barclays gives GoHenry a platform to accelerate that mission in the UK. It also enables us to offer GoHenry members a pathway to continue their money journey when they hit 18 - because financial education shouldn’t have a start or end date. GoHenry isn’t going anywhere. What changes is our ability to do more.”

Noah Kerner, CEO of Acorns, commented:

“At Acorns, we're bringing financial wellness to the whole family. Acquiring GoHenry in 2023 accelerated that ambitious vision, establishing Acorns Early as a US leader in the kids space with over 1.4 million customers. As we double down on growing the leading financial wellness app for American families, selling the GoHenry UK business to Barclays allows GoHenry to serve many more UK kids and further its important mission.”

Acorns will retain the GoHenry US business, which now operates under the Acorns Early brand, as well as Pixpay in Europe.

Most Read

British Superbike Rider Gears Up For Charity

British Superbike Rider Gears Up For Charity

Edmund Best, a British National Superstock rider for team SymCirrus Motorsport, has declared his support for The Bridge Homelessness to...

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

With 350,000 fewer people visiting RHS Garden Wisley annually due to the National Highways A3/M25 roadworks, resulting in £6 million...

What Is The Nation's Favourite Pizza?

What Is The Nation's Favourite Pizza?

Once regarded as an occasional treat or a post-pub indulgence, pizza has risen—like a well-proofed dough—to claim a central spot in...

Categories

  • Oct 28, 2025
  • 2 min read


The results of the 2025 Family Business Survey, compiled by Family Business United (FBU) and conducted in July 2025, reveal overwhelming dissatisfaction among the UK’s family business community with the level of government support for the sector.


When asked whether they felt the government was doing enough to support family businesses, a resounding 92% of respondents said no — a clear signal of growing frustration within a sector that forms the backbone of the UK economy.


Respondents were also asked what single policy amendment or change they would most like to see to better support family enterprises. The most frequently mentioned areas were Agricultural Property Relief (APR) and Business Property Relief (BPR), with many expressing deep concern about recent and proposed changes to inheritance tax, national insurance increases, VAT on school fees, and the ongoing impact of business rates.


One respondent commented: “Reconsider the punitive BPR changes which will damage family businesses that have healthy balance sheets, built up over decades, with limited liquid assets where the intention was passing on a viable business to the next generation.”


This sentiment was echoed by another who added: “Look at BPR, which seriously undermines family business plans and the ability of family firms to invest more for the future, employ more people with confidence and support local communities. A longer-term outlook has shifted to short-term with less investment as a result.”


A third respondent urged policymakers to take a more informed and empathetic approach:

“We need those in power making decisions to really understand the way that family firms operate — their long-term vision and desire to do business the right way, creating growth and opportunities across the country."


"Too many increases are causing difficult conversations in family business boardrooms across the country, and there will undoubtedly be casualties as a result of the increasing costs and taxes being applied to these businesses.”

Paul Andrews, Founder and CEO of Family Business United, said: “These results are deeply concerning. Family businesses are the lifeblood of communities across the UK — they provide jobs, reinvest profits locally, and take a long-term view on sustainability and growth. Yet the message from this year’s survey is crystal clear: many feel ignored and increasingly burdened by government policy.”


“The strength of family businesses lies in their values, resilience, and commitment to doing business the right way — but these qualities can only go so far when faced with mounting tax pressures and constant policy uncertainty."


"The government needs to recognise the unique contribution that family firms make and ensure that tax and regulatory frameworks support, rather than hinder, their ability to invest, grow, and plan for the next generation.”

The findings on government support follow other data from the 2025 Family Business Survey, which also revealed that 70% of family business owners feel less optimistic about their business prospects than last year, underlining the difficult environment the sector continues to navigate.

Most Read

British Superbike Rider Gears Up For Charity

British Superbike Rider Gears Up For Charity

Edmund Best, a British National Superstock rider for team SymCirrus Motorsport, has declared his support for The Bridge Homelessness to...

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

With 350,000 fewer people visiting RHS Garden Wisley annually due to the National Highways A3/M25 roadworks, resulting in £6 million...

What Is The Nation's Favourite Pizza?

What Is The Nation's Favourite Pizza?

Once regarded as an occasional treat or a post-pub indulgence, pizza has risen—like a well-proofed dough—to claim a central spot in...

Categories

Prepare Now For Unfair Dismissal Shake-Up

Prepare Now For Unfair Dismissal Shake-Up

Workplaces should prepare now for planned changes to unfair dismissal rights, say experts at a regional law firm.

31st Edition Of Big Shots Raises £30,000 For Industry Charity

31st Edition Of Big Shots Raises £30,000 For Industry Charity

The 31st edition of Big Shots, The Furniture Makers’ Company’s annual clay pigeon shooting fundraiser, raised an impressive £30,000 to support people working in the furnishing industry.

Lake District Spa Resort Welcomes Artist For Gallery Exhibition 

Lake District Spa Resort Welcomes Artist For Gallery Exhibition 

An award-winning North West artist has been invited back to a spa hotel resort on Windermere for a second display of his most prominent and recent works.

Recent Posts

bottom of page