acorns

Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6- to18-year-olds in an all-equit

Binance.US hires former Acorns, PayPal exec Jasmine Lee as CFO

After nine months of searching, Binance.US, the American partner of the world’s largest crypto exchange, has finally found a new permanent chief financial officer (CFO). Jasmine Lee is coming on

Bidding adieu to the SPAC craze

The implosion of the SPAC boom has proven a multiquarter process. We may be in the final throes of the experiment, at least from a startup perspective.

SPAC is a four-letter word again

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week saw Equity back on the live-taping game, with Mary A

Acorns squirrels away $300M Series F after scrapping SPAC, now worth nearly $2B

Savings and investing app Acorns has raised $300 million in a Series F funding round that values the company at nearly $2 billion. The announcement of the raise comes about six weeks after the consume

Former Twitter and DreamWorks exec joins Acorns as CFO ahead of the fintech’s public debut

As fintech Acorns plans to go public later this year, it has named former Twitter and DreamWorks animation exec Rich Sullivan to serve as its new chief financial officer. Irvine, California-based Acor

Acorns’ SPAC listing depicts a consumer fintech business with a SaaSy revenue mix

Acorns feels like a company going public a year or two early, which is a bit of the point of SPACs, frankly.

Acorns’ new fintech target is debt management with acquisition of Pillar

Popular saving and investing app Acorns has acquired Pillar, an AI-powered startup built to help manage student loan debt, in its second acquisition of 2021. New York-based Pillar helps consumers opti

Chime adds $485M at a $14.5B valuation, claims EBITDA profitability

In the midst of IPO week we have to add another name to our future debuts list, namely Chime, which announced a huge new round of capital today. The $485 million Series F values the consumer fintech g

Amid unprecedented growth on its platform, Acorns cuts roles and shuts down an office

Acorns, which helps millions of people invest their spare change in the stock market, has laid off between 50 to 70 people, TechCrunch has learned from multiple sources. The Irvine, Calif.-based compa

Stackin’ raises $12.6M Series B to help millennials navigate the crowded fintech space

Fintech’s funding boom for the past decade has led to a flurry of new consumer startups tackling a wide range of money-related issues, from saving apps to investing platforms. Should you download Ro

Fintech’s uneven new reality has helped some startups, harmed others

Fintech startups were hot news before the COVID-19 era, but the pandemic hasn’t bumped the sector out of the headlines. Companies that were pitching optimistic news a few weeks ago are now cutti

Financial markets may be sliding globally, but interest in stock trading apps soars

The stock markets are having a very rough month, but interest in stock trading apps is skyrocketing, according to data from industry trackers and companies themselves. Across the board — from specul

Using Spotify and Netflix payments to build your credit score? Grow Credit has a service for that.

Can subscriptions and everyday payments be used to help build or rebuild a credit score? The Los Angeles-based Grow Credit thinks so. The service, which launched earlier this month, is one of the slew

Embedded finance, or why fintech mega VC rounds have become so common

Another day, another monster fintech venture round. This morning, it was personalized banking app MoneyLion, which raised $100 million at a near unicorn valuation. Last week, it was N26, which raised

Even raises $40M to transform the working class to the savings class

The working class of the United States doesn’t get many breaks these days. It’s not just a function of low pay and long hours, but also the incredible uncertainty of income and expenses that makes

Acorns co-founder nabs another $5 million for Blast, a startup that saves while you game

“It just started as a grand experiment,” says Walter Cruttenden, the serial fintech entrepreneur, of his latest foray into the world of low finance. “Let’s see if we can reach

Acorns receives 10,000 pre-orders for its newly launched payments card and debit account in its first four hours

Acorns, the financial management service for micro-investments, is adding a rewards debit card to its arsenal of tools aimed at getting Americans to create balanced stock portfolios for economic healt

Acorns hits 3.5 million users, sees 100,000 sign-ups for retirement product in its first month

It looks like the investment service Acorns may turn into an oak faster than expected. Billed as an automated investment manager for the people, Acorns is off to a blistering start with its new retire

Acorns launches retirement account product to expand beyond retail investing

Acorns, the mobile service that’s providing a gateway to investing in the stock market, has completed the master plan it set in motion months ago with the acquisition of Vault by finally launch
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