8.6 C
New York
Monday, July 4, 2022
Home Fintechs GoHenry launches the first biodegradable debit card for children

GoHenry launches the first biodegradable debit card for children

GoHenry is a UK-based fintech focusing on pre-paid cards and app for kids (with parental controls). It has just launched its biodegradable card for eco-conscious children.

Recent research showed an incredible 40% of 6-to-14-year olds feel they are directly responsible for saving our planet. GoHenry clearly acknowledged that and has created the Eco Card – first of its kind for kids in the UK.

Read also: Bunq is looking for acquisitions of fintech peers during the crisis

The dedicated card is made up of 82% bio-sourced renewable materials, takes only six months to break down. At the same time the plastic card can take around 450 years to decompose.

GoHenry has also made a deal with the Eden Reforestation Project. The same organisation that works with Dutch challenger bunq – to plant a tree for each card used. See more about this in the link below.

“We’re all about encouraging smart choices in children and empowering Gen-Z to consider the impact of their purchases,” said founder of gohenry, Louise Hill.

“There’s a whole generation of no-nonsense kids leading the charge for a more eco-friendly approach to the world around them. Our Eco Cards are designed to reflect this passion for the environment and give our young customers the opportunity to go greener, while still taking part in the digital economy.”

“Our aim is to expand our Eco Card range in the future, with the ultimate goal of printing all of our cards on the greenest material possible.” added Hill.

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

Starling Bank launched Fantasy Football game for the UEFA Women’s EURO of women’s football

Starling Bank is the national banking partner of Uefa Women’s Euro 2022 and now it is leveraging its financial heft to boost engagement by launching the first Fantasy Football game not designed for a men’s tournament.

Revolut has joined the buy now pay later market

Revolut is piloting a new 'buy now, pay later' service in Ireland beginning this week.

Klarna in conflict with Barclays over ‘Irresponsible’ Buy-Now-Pay-Later research

Klarna’s UK executive Alex Marsh has hit out at Barclays for publishing what he called “mind-boggling” and “irresponsible”.

Starling Bank has hit 3m account milestone

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to a recent update.