A Cash App sponsor is a parent or trusted adult with a verified Cash App account who invites someone aged 13-17 to create a Cash App account and manage money together. Once the sponsor approves the account, they become the legal owner of the sponsored account, and the person they sponsor will be considered an authorized user of their sponsored account. Sponsored accounts allow anyone aged 13-17 to use Cash App with approval from a parent or trusted adult, and they can access features like P2P transactions, Cash Card, direct deposit, Boost, bitcoin, and stocks. Sponsors can track activity in the app, turn specific features on/off, and review their sponsored accounts Cash App, Savings, Stock, and Bitcoin balances and transaction activity. They can also manage Cash Cards or turn Investing (stocks and bitcoin) features on/off. Sponsored accounts are FDIC insured up to $250,000 through Cash Apps partner banks.