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 surviving week-to-week so challenging. One in five Americans have a negative net wealth, even in an economy where the unemployment […]
View More Even raises $40m to transform the working class to the savings classCategory: acorns
Acorns receives 10,000 pre-orders for its newly launched payments card and debit account
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 health. The company has already racked up 10,000 pre-orders for its new (gorgeous) payment card that offers perks like investments into Acorns accounts when users purchase […]
View More Acorns receives 10,000 pre-orders for its newly launched payments card and debit accountAcorns 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 launching a retirement account product today. Called Acorns Later, the service is the first Acorns investment vehicle to get the same kind of tax […]
View More Acorns launches retirement account product to expand beyond retail investingMobile 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 offer investment advisory services. Since its launch in the U.S. in 2015, Qapital has amassed roughly 420,000 users that […]
View More Mobile money-saving app Qapital raises $30 million to spend on growthCan 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 disclosed expenditures of the DC lobbying industry are more than $3 billion per year, while just the presidential […]
View More Can SaaS principles transform political campaigns as we know them?Acorns to launch new retirement accounts after buying Portland fintech startup, Vault
Micro-investment service, Acorns, which automatically invests small amounts from its customers’ bank accounts into investment funds, has bought Vault, a Portland-based developer of retirement fund investment services. Vault’s application lets its users set aside part of their paychecks into retirement funds. The deal is a solid compliment to Acorns’ own investment app, which… Read More