Investing and checking accounts app Acorns reportedly expects to launch an initial public offering (IPO), possibly sometime in the next couple of years. “That is likely something we will do in the future,” Acorns CEO Noah Kerner told Bloomberg Television on Thursday (June 20), adding...
A staggering $84 trillion is the amount of cash and assets that Generation X, millennials and Gen Z consumers are set to inherit from older generations over the next two decades. This “great wealth transfer,” as it’s been dubbed, not only signifies a significant economic...
In this month’s PYMNTS Provider Ranking of Digital Banking Apps, all movement came from the lower half of the rankings. Acorns and Ally are making moves upward to compete with the others, while Empower and Albert are falling down. Check below to see how the...
Now that holiday spending is done, you might resolve to take control of your finances in the new year. PYMNTS’ Provider Ranking of Digital Banking Apps can help you decide what your options are to start fresh. Each month, we track metrics in the digital...
August 09, 2024
Parents can now provide their 7- to 12-year-old kids with a wearable payment device powered by Google Wallet and GoHenry by Acorns. The two organizations have partnered to provide this tool to help parents teach their kids how to manage money and spend it safely and responsibly, according to a Wednesday (Aug. 7) press release. In this collaboration, […]
June 20, 2024
Investing and checking accounts app Acorns reportedly expects to launch an initial public offering (IPO), possibly sometime in the next couple of years. “That is likely something we will do...
April 03, 2023
Investment/savings app Acorns has acquired GoHenry, a U.K. money management platform for younger consumers. “All kids around the world deserve access to responsible money management tools and financial education,” Acorns...
March 09, 2022
Irvine, California-based FinTech startup Acorns has raised $300 million from private investors, CNBC reported Wednesday (March 9). Acorns specializes in micro-investing and robo-investing. Following the transaction, the savings and investing...