acorns

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

Mobile money-saving app Qapital raises $30 million to spend on growth

Qapital, one of a slew of mobile applications trying to make it easier for users to save money (and spend it more wisely), has raised $30 million in fresh financing as it expands beyond savings to off

Can SaaS principles transform political campaigns as we know them?

In life, they say you get what you pay for. That is no less true in politics, which is fueled by campaign donations and lobbying dollars that move policy on every important issue under the sun. The di

Acorns to launch new retirement accounts after buying Portland fintech startup, Vault

Update: This post has been updated to indicate that Manning Field is the company’s chief commercial officer, not chief financial officer as was originally reported. Micro-investment service, Ac

Mobile savings and investment service Acorns is on track to do 1 billion trades in 2017

Acorns is quickly turning into an oak tree in the financial services space. The company now boasts more than 2 million investment accounts (with 600,000 opened in 2017 alone) and is on track to do 1 b

Stash raises $40 million Series C to make investing more approachable

Micro-investing app Stash has raised an additional $40 million in Series C funding, the company announced this morning, following rapid growth in terms of sign-ups from new users – 86 percent of

Profiting socially on nickels and dimes

As the #DeleteUber count increases, Lyft has cleverly seized the opportunity to distinguish itself as a beacon of goodwill. In its most recent attempts to gain public favor, Lyft will soon be taking a

PayPal leads $30 million round in Acorns investing app

Acorns, the investing app, is announcing a $30 million strategic investment from PayPal, with participation from the Rakuten FinTech Fund. This brings the team’s total funding to $62 million. With 8

Simplify your stock-picking process with these apps

Investing in the stock market made easy -- that's the goal of these apps, which make investing more convenient and help you keep tabs on the market updates. And you don't have to be a finance whiz to
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