Rackspace Technology supports gohenry’s global expansion with migration to Google Cloud
September 23 2020 - 03:05AM
Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end
multicloud technology solutions company, has supported gohenry with
its global growth plans by migrating its IT environment to Google
Cloud, delivering enhanced security and scalability for the
next-generation money app.
Since migrating 99% of its services to Google Cloud, gohenry,
the prepaid Visa debit card and app designed exclusively for
6-18-year-olds, doubled its customer base between 2018 and 2020,
reaching one million customers. It also sharply increased its
revenue year-on-year with latest reports showing an annual turnover
of £13 million in 2019 as families increasingly look to cashless
solutions to help children become skilled in money management.
As a premier partner for Google Cloud, with over 370+ technical
certifications, Rackspace Technology supported gohenry throughout
the entire migration process. The Google Cloud migration provides
gohenry with the confidence to grow its business at scale and
speed, knowing its infrastructure will support the company’s – and
its customers’ – changing needs.
gohenry is now leveraging several services within Google Cloud
including Google Kubernetes Engine, Google Cloud Composer, Google
Cloud Storage and BigQuery along with additional management tools
like Terraform, which are allowing the company to manage its
quality of services to be automatically scaled as required. Experts
from Rackspace Technology have provided gohenry with a custom
multicloud environment - a hybrid set up which allows them to
connect public cloud environment to private cloud to securely
support their payments application.
With around the clock monitoring, Rackspace Technology also
ensures gohenry customers have full, secure service availability –
particularly crucial given the need for data integrity of its young
customers.
Additionally, by working with Rackspace Technology, gohenry has
improved its cost optimisation by only provisioning the required
resources, enabling automated alerts for unusual spikes in usage
and analysing insights to support improved cost savings in the
future.
“16-18-year olds today are digital natives. According to our
2019 Youth Economy Report, they are choosing technology over cash
and this trend will only become more prominent,” Louise
Hill, Co-founder and Chief Operating Officer at
gohenry explained. “When it comes to the immediacy
and availability of service, they just expect what they need to be
there and working. Having a technology partner like Rackspace
Technology is therefore vital to ensure our services are scalable,
secure, and immediately available. Thanks to this partnership, we
are confident that we can empower our young customers to be
ambassadors of a new cashless society.”
“After what is already a long-standing relationship with
gohenry, we are delighted to be working alongside the company
during this next exciting stage in its growth,” said Mahesh
Desai, Chief Relationship Officer EMEA, Rackspace
Technology. “Its move to Google Cloud is vital for laying
the foundation of an ever-increasing digital society in preparation
for the next generation of digital natives.”
gohenry has plans to automate further functionalities that it
has implemented with Google Cloud. This will support its move
towards a cloud native approach that will empower it to be more
innovative and agile in the future as the team continually develops
new banking solutions that meet the changing expectations of
customers.
About Rackspace Technology
Rackspace Technology is a leading end-to-end multicloud
technology services company. We can design, build and operate our
customers’ cloud environments across all major technology
platforms, irrespective of technology stack or deployment model. We
partner with our customers at every stage of their cloud journey,
enabling them to modernise applications, build new products and
adopt innovative technologies.
About gohenry
Launched in the UK in 2012, gohenry is a prepaid Visa debit card
and app with unique parent controls designed exclusively for 6-18
year-olds to help them learn good money habits in an increasingly
cashless society.
gohenry’s innovative app gives young people the freedom to learn
and take charge of their own spending and saving in a safe
environment, while the app's parent version allows parents to guide
kids through the early stages of digital finance.
Having expanded into the US with Mastercard, gohenry is building
a global movement of over one million users who fiercely believe
that being good with money is a vital life skill.
For more information please visit gohenry.co.uk, or gohenry.com
in the US.
In the UK the gohenry card is issued by IDT Financial Services
Limited pursuant to a license from Visa Europe. IDT Financial
Services Limited is a regulated bank, licensed by the Financial
Services Commission, Gibraltar. Registered office: 57-63 Line Wall
Road, Gibraltar. Registered No. 95716.
In the US the gohenry card is issued by Community Federal Saving
Bank, member FDIC, pursuant to license by Mastercard
International.
Media ContactDevika MistryRackspace Technology
Corporate Communicationsdevika.mistry@rackspace.co.uk
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