Cash cards for kids: digital banks race to capture the next generation
6 Min Read LONDON (Reuters) - When John Hibbs’ daughter Xanthe received her first bank card in the mail, the six-year-old spent the next week Googling how to buy a horse. John Hibbs and his daughter Xanthe pose in an undated handout photo obtained by Reuters on November 17, 2020. John Hibbs/Handout via REUTERS Hibbs and his wife Kate had got Xanthe a newly launched children’s debit card from UK digital bank Starling, one of a number of new offerings from fintechs aimed at children and teenagers. “The earlier we can start the learning process of using a card, the earlier she can learn t...
Source: reuters.com