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Acorns Stock (ACOR)
Personal Finance App
Acorns is primarily a mobile-first, micro- and robo-investing app. The company allows its users to invest the spare change from purchases in diversified portfolios. Users can choose between Acorns Core or Acorns Later, an investment and retirement account, respectively. Users define a portfolio by answering questions regarding their financial situation and goals, which Acorns uses to recommend a mix of ETFs. The company additionally provides a checking account, called Acorns Spend. Users link cards and bank accounts to Acorns, which tracks the purchases and deposits the spare change to Acorns. If a user uses Acorns Spend, the user receives an Acorns Debit Card, which replaces the linked cards and bank accounts. Finally, the company offers Acorns Early, an investment account for kids.
About Acorns Stock
Founded
2012
Total Funding
1.0B
Industries
Financial Services
Acorns offers personal financial services via their mobile app. Users can choose between Acorns Invest or Acorns Later, an investment and retirement account, respectively. The company also offers Acorns Early, an investment account for kids, and Acorns Earn, a bonus investment perk. Users define a portfolio by answering questions regarding their financial situation and goals, which Acorns uses to recommend a mix of ETFs. Users can also choose to invest in Acorns Sustainable Portfolios, which feature ESG-focused ETFs, or to invest in Bitcoin via Acorns. The company additionally offers a checking account, called Acorns Checking. Users can link cards and bank accounts to Acorns, which tracks the purchases and deposits the spare change to Acorns. If a user uses Acorns Checking, the user receives an Acorns Debit Card, which can be used instead of linked cards and bank accounts.
The company was founded in Newport Beach, CA in February 2012. Notable investors include PayPal, Rakuten, and GreyCroft Partners.
Source: Acorns
Acorns Press Mentions
Stay in the know about the latest news on Acorns
Wealth Management Startups See Funding Rise
news • Dec 02, 2024
Planning a charity gift? Try these 401(k)-style accounts to max giving—and lower your tax bill
fortune • Nov 30, 2024
Acorns Banking Review 2024
businessinsider • Sep 19, 2024
ACORNS launches 10th cycle for rural female entrepreneurs
agriland • Aug 06, 2024
Watch Focused on Investing Products For Kids: Acorns CEO
bloomberg • Aug 04, 2024
Investors in Acorns
Discover investors in Acorns stock and explore their portfolio companies
Acorns Management
Leadership team at Acorns
Chief Executive Officer
Noah Kerner
Chief Financial Officer
Rich Sullivan
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