News

October 13, 2022

GoHenry raises $55m after its losses balloon 20-fold

After splashing cash on customer acquisition in the US and UK, the neobank says it’s now chasing profitability — but is still launching in new European markets.


Amy O'Brien

3 min read

GoHenry, the neobank for children aged six and up, has tapped existing investors Edison Partners and Revaia for $55m in Series B funding, after its losses shot up by almost 2000% in 2021. Italian payments giant Nexi has also taken a stake in the neobank, joining as an investor in the latest round. 

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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