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Saturday, April 13, 2024

Acorns Focuses on Households With Their New Premium Providing


Financial savings and investing fintech Acorns has been comparatively quiet because it acquired the UK neobank for youths, GoHenry, six months in the past.

Now, we’ve got the primary new product launching on account of this acquisition. Acorns Premium Tier is a $9 per thirty days subscription service centered on household monetary administration.

It contains entry to Acorns Early which permits family and friends to put money into a toddler from delivery.

As soon as a toddler turns six they will get entry to a GoHenry debit card to assist them construct budgeting expertise and achieve understanding about cash. Acorns Premium is not only about youngsters.

There’ll quickly be new instruments focusing on {couples}, dad and mom seeking to handle cash collectively. 

Whereas fintech is extraordinarily aggressive there was no clear winner rising within the household phase.

A number of corporations reminiscent of Greenlight, Step and Copper are getting traction however there may be actually room for extra gamers right here.

It makes me optimistic that the following era would be the most financially literate ever.


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Acorns launches first post-acquisition product

The fintech purchased the neobank GoHenry this spring. Now GoHenry is a part of its Premium Tier, launched this week to supply cash administration instruments for the entire household.


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