Tag: financial education

Black Friday BNPL risk: 16m Brits unaware of debt dangers

Ahead of the bustling Black Friday sales, a concerning revelation has emerged from Creditspring's recent study. An astonishing 16 million people in the UK are still oblivious to the fact that using 'Buy Now Pay Later' (BNPL) services can lead to significant debt.

GoHenry champions mandatory financial education to bridge UK’s capability gap

In a move aimed at bridging the financial capability gap in the UK, GoHenry has initiated a petition aimed at making financial education compulsory. 

Reseda Group fuels Goalsetter’s innovative FinTech journey with $1m investment

Reseda Group, a credit union service organisation fully owned by MSU Federal Credit Union (MSUFCU), has announced a partnership with the FinTech star, Goalsetter. Their collaboration aims to sculpt the upcoming generation of savers, investors, and credit union enthusiasts by infusing advanced financial tools and educational resources.

16 million UK residents unaware of debt risk with BNPL

Approximately 16 million UK residents remain oblivious to the financial risks associated with 'Buy Now Pay Later' (BNPL) services, says research from responsible lender,...

GoHenry’s Money Missions aids financial literacy, boost children’s savings by 30%

GoHenry's Money Missions, a gamified learning platform, is successful in helping kids and teens boost savings, according to research.

Female Invest launches educational app revolutionising financial literacy for women

Denmark-headquartered Female Invest, a financial education and community platform, has launched an educational app on its mission to improve women's financial literacy.

The ESAs publish 12 good practices for financial education

The three European Supervisory Authorities (ESAs) have published a joint thematic report on national financial education initiatives on digitalisation.

GoHenry, Visa team up to boost financial education for children

GoHenry, a FinTech aimed at children, has teamed up with payments giant Visa to provide more kids and teens across the US, UK and Europe with access to prepaid cards.

Why UK banks need to up their financial education initiatives

Worryingly, over 90% of British consumers believe they are uneducated about personal finance and nearly half (47%) of them are looking to banks to help them, research shows.

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