Investing App Acorns Acquires KidFocused Fintech GoHenry to Expand in Europe

LONDON — American micro-investing platform Acorns acquired GoHenry, a digital banking startup focused on educating kids about money, for an undisclosed sum. The company told CNBC exclusively that it agreed an all-stock deal with GoHenry that will see the firm become a wholly owned subsidiary of Acorns, with employees and backers of GoHenry rolling over their equity. Founded in 2012, GoHenry offers a spending card for children aged six to 18, linked to an accompanying money management app. Parents can track their kids’ transactions in real time and set spending limits or savings goals. The deal’s timing is noteworthy. The…