In the next five years, Gen Z is expected to become the largest and wealthiest generation in history. Their spending growth is already outpacing every other age group. By providing safe, early access to financial tools, Cash App is helping prepare the next generation for financial success while setting new standards for teen financial safety. We’ve built our teen product with safety and protection as the foundation. Our approach combines sophisticated technology with human oversight: Smart controls for parents: Sponsors get real-time visibility into balances and transactions, customizable controls over features and contacts, instant alerts, and the ability to block, report, or approve activity before money moves. AI-powered protection: Advanced machine learning systems monitor activity 24/7 to detect, prevent, and alert potential risks. Financial education: Both teens and parents receive guidance on safe money management practices. Industry leadership: We report to the NCMEC CyberTipline and law enforcement to set new standards for teen financial safety. Cash App’s teen product goes beyond basic banking. Access to a broad suite of financial products helps teens build practical financial experience in a controlled environment. With sponsorship, teens aged 13-17 can: Send and receive money with other teens and verified adults; Use a customizable debit card; Build savings; Start investing in stocks and bitcoin; Manage direct deposits from jobs; Deposit cash when needed. These tools set teens up for success for graduating to an individual, non-sponsored account when they turn 18.