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Acorns and Pioneer cancel $2.2 billion SPAC deal
Acorns plans to pursue traditional public offering.
Acorns finalizes plans to offer individual stock trades
While investing in single stocks can expose investors to more volatility, the feature lets customers stay diversified while also allowing them to buy shares of their favorite companies.
Acorns to launch custom portfolios in push toward active investing
Active engagement is part of the fintech’s larger mission to incentivize healthy investing behaviors that align with customers' best interest, according to CEO Noah Kerner.
Acorns to go public via $2 billion SPAC deal
Acorns is the latest wealthtech company to go public via blank-check merger, following competitors like SoFi. Launched at the end of 2014, the fintech is a subscription-based automated investing and banking app.