Cash App now supports accounts for kids 6-12
Cash App, operated by Block, has introduced new parent-managed accounts for children aged 6 to 12, aiming to teach financial literacy. These accounts allow parents to manage allowances, savings, and spending, with children receiving a custom debit card. The feature expands upon Cash App's previous offerings for teenage users and competes with similar services from Apple, Google, and Venmo.
- Entities
- Topic: Financial Literacy
- Topic: Digital Banking
- Company: Cash App
- Person: Kristen Anderson
- Company: Block
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