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Cash App is targeting a new kind of customer: 6-12 year olds

Parents will be able to manage accounts for children, who get debit cards and can earn up to 3.25% interest, Cash App said.

Summary by TechCrunch
Tech companies are constantly on the hunt for new customers, and Cash App, the fintech company owned by Jack Dorsey's Block, believes it has found a

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Block, Jack Dorsey's company, expanded Cash App to an even younger audience: children from 6 to 12 years old in the United States. The initiative seeks to introduce savings and supervised spending tools from childhood, in a movement that also opens a future route to broader services within the app's ecosystem. *** Cash App will allow parents to create accounts for children from 6 to 12 years of age, fully managed by adults. Minors will receive a…

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TechCrunch broke the news in United States on Tuesday, April 21, 2026.
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