Acorns is an app that invests your spare change from everyday transactions into your very own diversified portfolio.
Acorns is the first company to offer micro investing to the world. The proprietary financial engine allows customers to roundup spare change from everyday purchases and invest these sub-dollar amounts into a professionally managed portfolio of index funds. Simply connect any credit or debit card and a checking account, then spend money like you normally do to watch your portfolio grow with the market. It’s easy to get started when you can invest any amount, any time with no commissions or minimums.
The linkup between GoHenry and Acorns is destined as both companies have been working together for some time already.
With the Bitcoin futures initiative, Acorns is implementing its philosophy of diversification as well as applying principles of long-term investing.
Beyond its SPAC merger, Acorns will have to navigate the terrain to gain a good market stance amidst stifling competition.