Copper vs GoHenry
short answerBoth are traditional neobanks with similar positioning — the real differences are FX markup, fees, license and geography, compared field by field below.
Copper: Teen banking + financial literacy.
GoHenry: Kids' money app; acquired by Acorns.
Side by side
| Copper | GoHenry | |
|---|---|---|
| Category | traditional | traditional |
| Audience | gen alpha · kids & family | gen alpha · kids & family |
| HQ | Seattle, US | New York/London |
| Founded | 2019 | 2012 |
| Custody | Custodial | Custodial |
| Regulation | Partner-bank model | Partner-bank model |
| License detail | Partner bank (Evolve Bank & Trust); relaunched family banking after 2024 Synapse collapse | Partner bank (Community Federal Savings Bank, US); UK cards via FCA-regulated e-money issuer |
| Card | MC · Debit | Visa/MC · Debit |
| Cashback | — | — |
| Yield | — | — |
| FX markup | — | — |
| Services | — | — |
| Stablecoins | No | No |
| KYC | Yes | Yes |
| Regions | North America | North America |
| Reported users | — | — |
go deeperFull profiles: Copper · GoHenry — or run your own comparison of up to four in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.