Acorns

New York, United States Founded: 2017 • Age: 9 yrs Acquired By Acorns
Overdraft and banking fees are negotiated and resolved for consumers.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Acorns

Acorns is a company based in New York (United States) founded in 2017 by Nami Baral was acquired by Acorns in March 2021. It operates as a Subscription Services, Freemium, and FinTech. Acorns offers products and services including Acorns Invest, Acorns Later, Acorns Early, and Acorns Banking. Acorns operates in a competitive market with competitors including Freedom Financial Network, EarnUp, Student Loan Hero, Charlie and Payitoff, among others.

  • Headquarter New York, United States
  • Founders Nami Baral
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Acorns Grow Incorporated
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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  • Investors
  • Employee Count
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  • Acquired by
    Acorns

    (Mar 01, 2021)

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Products & Services of Acorns

Acorns offers a comprehensive portfolio of products and services, including Acorns Invest, Acorns Later, Acorns Early, and Acorns Banking.

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Category locked
Primary

Automated investing with spare change is offered daily.

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Retirement accounts are managed for future financial security.

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Investment accounts for kids are provided with ease.

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Banking services with automated investing are made available.

Funding Insights of Acorns

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Detailed funding history for Acorns

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Investors in Acorns

Acorns has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Acorns.

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Institutional
Investor Description Founded Year Domain Location
App-based platform for spare change investment
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Investor details for Acorns

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Investments & Acquisitions by Acorns

Investments
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Investment portfolio details for Acorns

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Acorns

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Detailed financials for Acorns

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Acorns Comparisons

Acorns Primary company
Description
Overdraft and banking fees are negotiated and resolved for c...
Location
New York, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Acorns

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Competitors of Acorns

Acorns operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freedom Financial Network, EarnUp, Student Loan Hero, Charlie and Payitoff, among others.

Company Name Domain Founded year HQ Location Description
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Debt consolidation and relief solutions are provided to individuals.
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Consumer debt is repaid online via automated micropayments.
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Online platform for Student debt tools, calculators, and repayment plans
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Expenses and income are tracked via AI text-based tool.
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API-enabled solutions for student loan repayment are offered to lenders.
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Loan management app
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Detailed competitors of Acorns

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Latest news on Acorns

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Complete news archive for Acorns

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Frequently Asked Questions about Acorns

Acorns was founded in 2017.

Acorns is headquartered in New York, United States. It is registered at New York, New York, United States.

Nami Baral is the current CEO of Acorns. They have also founded this company.

Acorns is engaged in providing automated investment and banking services. Solutions are offered for everyday investing through spare change with Round-Ups, retirement planning via IRAs, and early investment accounts for children. Banking services that save and invest automatically are also provided. The company operates in the financial technology sector, targeting everyday Americans with diversified portfolios built by experts. Additional features like bonus investments and financial education tools are included to support users in growing their wealth over time.

Acorns's top competitors include Freedom Financial Network, EarnUp and Payitoff.

Acorns offers Acorns Invest, Acorns Later, Acorns Early, and Acorns Banking.

Acorns has 1 investor. Key investors include Acorns.

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