Micro-investing mobile app, Acorns, has reportedly formed a new partnership with online job market ZipRecruiter. According to CNBC, the collaboration will allow Acorns clients to browse and apply for jobs within the app.
While sharing more details, Acorns CEO, Noah Kerner, stated to the media outlet that Acorns’ hiring portal is “the first of its kind” for a financial services company, with the launching being on Acorns road map and was accelerated due to the unemployment rates skyrocketing during the COVID-19 pandemic. Kerner further revealed:
“The more you earn, the more you can save and invest for the future — we wanted to connect those dots for people. By aligning that within Acorns, we can help people earn extra money, so they can invest more money.”
Kerner further added:
“There are periods in time when there were really rocky markets, and people tended to pull money out. It’s encouraging to see more and more people saving and investing, especially during a difficult time.”
As previously reported, Acorns’ proprietary financial engine allows customers to roundup square change from everyday purchases and invests into professionally managed index funds portfolios.
“Simply connect any credit or debit card and a checking account, then spend money like you normally do to watch your portfolio grow with the market. It’s easy to get started when you can invest any amount, any time with no commissions or minimums.”
Acorns has attracted funding from various A-Listers, including Jennifer Lopez, Alex Rodriguez, Ashton Kutcher, Bono, and Kevin Durand. NBCUniversal and Comcast Ventures, the venture capital arm of NBCUniversal’s parent company, Comcast Corporation, have reportedly made an equity investment in Acorns as well.