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Announced

Completed

Edison Partners led a $40m investment round in GoHenry.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Cross Border

FinTech

United Kingdom

Acquisition

pocketmoney

Private

Completed

Minority

Friendly

Synopsis

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Edison Partners led a $40m investment round in GoHenry. The round also had participation from Gaia Capital Partners, Citi Ventures and Muse Capital. “For too long, kids have been locked out of the digital economy and parents lacked the tools to help their children gain confidence with money and finances. GoHenry was the first to respond to these needs in 2012 when we launched a groundbreaking financial education app and prepaid debit card that truly empowered children. In 2020, we’ve achieved three key milestones: becoming profitable which many B2C fintechs seek, raising $40m during Covid, and partnering with world leading funds. All three will help us fuel our US expansion.” says Alex Zivoder, GoHenry CEO.

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