Acorns is a US-based financial technology and services company, specializing in micro-investing and robo-investing. It offers products like Acorn Invest, Acorn Later, Acorns Spend, Acorns Found Money, and Acorns Early, catering to young adults and providing tools for investing small amounts.
The 'Round-up' feature, unique to Acorns, invests change from debit and credit card purchases into diversified EFT portfolios. Noted for its ease of use and cash-back options, Acorns faces competition from brands like SoFi, Wealthfront, and Ellevest. Key challenges include a flat fee structure that may be high for small balances and lack of human financial advisors.
Recent brand deals include Our Black Empowerment, Jakar Snake Nation, deji plus online store of cell phone accessories, The Vulgar Uplander and Credit Viral. You can request access to our brand deal research below for a complete report.