Tagged: acorns

July 16, 2024 @ 6:06 pm By Omar Faridi  |  

Acorns, the savings and investing app for everyday Americans, has announced a key product update. In a note shared with CI, Acorns mentioned that Later Match is “a recently launched feature that offers a 3% and 1% IRA match on new contributions for people using… Read More

November 19, 2023 @ 9:46 am By Tony Zerucha  |  

Dwayne Johnson and Acorns, a saving and investing app, have announced the launch of the Mighty Oak Debit Card. The heavy metal tungsten debit card, exclusive to Acorns, was constructed to address overspending and under-saving. With Real-Time Round-Ups, customers invest their spare change from each… Read More

October 11, 2023 @ 11:03 am By JD Alois  |  

Fintech Acorns has announced a new Premium Tier service that incorporates access to GoHenry. Acorns is a platform that enables investing, leaning heavily on long-term goals and enabling automated investments. To date, Acorsn reports more than $16 billion in investments. GoHenry was launched in the… Read More

April 3, 2023 @ 5:38 pm By JD Alois  |  

Acorns, an online investment platform providing access to securities, crypto, and banking services, has acquired UK-based Fintech GoHenry. GoHenry is a digital investment platform that targets younger investors, aiming to get them started on securing their financial future early in life. GoHenry is also a… Read More

March 9, 2022 @ 3:37 pm By JD Alois  |  

Acorns, an online investing platform, has confirmed a $300 million funding round at a $1.9 billion valuation. Last year, Acorns announced its intent to go public via a SPAC deal valued at $2.2 billion only to turn around and cancel the deal at the beginning… Read More

January 23, 2022 @ 4:31 pm By JD Alois  |  

Last May 2021, it was announced that Acorns, a digital wealth management platform, would become a publicly traded firm in a SPAC deal valued at $2.2 billion. Last week, it was announced the SPAC merger had been axed. Pioneer Merger Corp (NASDAQ: PACX), the SPAC… Read More

May 27, 2021 @ 9:11 pm By JD Alois  |  

Acorns, a neobank serving the consumer market, will go public via a special purpose acquisition company (SPAC) according to a note from the company. The SPAC sector has been red-hot in the past 12 months as it offers a more streamlined process for companies to… Read More

February 2, 2021 @ 3:49 pm By Samantha Hurst  |  

Noah Kerner, the CEO of micro-investing mobile app Acorns, joined CNBC’s Squawk on the Street on Tuesday to discuss the Acorns platform, along with the importance of diversification during the latest retail trading surge. During his interview, Kerner revealed that the Acorns platform has almost… Read More

October 19, 2020 @ 10:16 am By Samantha Hurst  |  

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… Read More

April 30, 2020 @ 9:39 am By Samantha Hurst  |  

Covered by SAGE, a modern, tech-enabled Property and Casualty (P&C) insurance brokerage, announced this week it secured $6 million through its latest seed funding round, which was led by NFX with participation from Tectonic Capital and Treasury, the fintech platform launched by Acorns and Betterment Co-Founders…. Read More

August 20, 2019 @ 11:19 am By Samantha Hurst  |  

Music sensation Jennifer Lopez and her finance/former professional baseball player Alex Rodiguez have invested in micro-investing mobile app, Acorns, according to the Wall Street Journal. The duo will notably join Ashton Kutcher, Bono, and Kevin Durand as fellow investors of the fintech startup. As previously… Read More

January 28, 2019 @ 3:07 pm By Samantha Hurst  |  

Micro-investing app Acorns successfully secured $105 million through its Series E funding round, bringing the company’s valuation reportedly up to$860 million. BlackRock, Bain Capital Ventures, TPG’s Rise Fund, DST and Michael Dell’s MSD Capital notably participated in the round.  Founded in 2012, Acorns’ proprietary financial engine allows… Read More

April 25, 2018 @ 2:51 pm By Samantha Hurst  |  

Following its acquisition of Portland-based fintech Vault, micro-investing app Acorns announced the launch of its new retirement account product, Acorns Later. According to Acorns, the Acorns Later product is designed to work in the background of life, automatically recommending a retirement account and portfolio for customers. While sharing… Read More

February 15, 2018 @ 7:27 pm By Samantha Hurst  |  

Q2, a Texas-based digital banking solution provider, announced on Thursday it has signed a multi-year agreement with Acorns, the financial services platform that has transformed saving and investing for more than 3 million customers. According to Q2, the deal is centered on the company’s Open portfolio,… Read More

January 12, 2018 @ 9:47 am By Samantha Hurst  |  

Less than two months after announcing its integration with PayPal, micro-investing app Acorns has received an investment from TPG’s global investment fund, The Rise Fund. The company reported that this is The Rise Fund’s first social impact investment in fintech. While sharing more details about the investment, Noah… Read More

November 21, 2017 @ 9:44 am By Samantha Hurst  |  

On Monday, PayPal announced users may now use its payment processing to fund an investment account with Acorns. According to the company, over 2.3 million people around the U.S. are investing through Acorns to help save for long and short-term expenses. PayPal revealed that once they link… Read More

November 13, 2017 @ 1:42 pm By Samantha Hurst  |  

Last week, Dyntrace announced it has acquired Plug and Play Fintech alum and global regtech, Qumram. Dynatrace reported that with the addition of Qumram’s tech and intellectual property it will further expand its digital experience capabilities by providing the ability to visually replay a user session with… Read More

November 7, 2017 @ 2:27 pm By Samantha Hurst  |  

Micro-investing app Acorns has acquired retirement fund services Vault and is planning to launch new retirement accounts. Vault is now called Acorns Later. While sharing details about the acquisition, CEO of Acorns, Noah Kerner, and CEO of Vault, Randy Fernando, stated: “By staying true to its mission… Read More

July 28, 2017 @ 11:05 am By Samantha Hurst  |  

Acorns, a micro-investing app, announced on Friday its partnership with Adam Dell’s Clarity Money, the personal finance app that acts as the “Champion of your Money.” According to Acorns,  through this new partnership, Clarity Money customers may easily become Acorns investors and take advantage of… Read More