NEW YORK, Nov. 20, 2017 /PRNewswire/ -- Acorns, the country's fastest-growing micro-investing app with 2.4 million investment accounts, is now being integrated into the PayPal experience. Beginning today, select U.S. PayPal customers will be able to set up and use Acorns within PayPal, with access for all U.S. users beginning in early 2018.
With more than 218 million active account holders, PayPal is helping consumers take better control of their financial lives to manage and move money. With the new integration, their customers will now have new ways to invest in their future.
"PayPal and Acorns are both committed to helping the up-and-coming achieve their financial potential — together, we see a future where anyone can grow wealth," said Noah Kerner, CEO of Acorns. "Our strategic partnership with PayPal, supports our shared mission to deliver next generation financial solutions to our customers."
When consumers log into their PayPal account, they'll be able to link their Acorns account right from the PayPal home screen. Once the accounts are linked, consumers can transfer funds, monitor their investments, make withdrawals and manage their account from the PayPal website and mobile apps. New Acorns customers can easily sign-up for an Acorns account directly from PayPal.
To learn more about Acorns, please visit www.acorns.com.
Acorns is the leading micro investing app in the U.S. It's easy-to-use, mobile-first technology makes it simple for anyone to set aside and invest life's spare money. Acorns allows customers to automatically invest in a low-cost, diversified portfolio of exchange-traded funds offered by some of the world's top asset managers (including Vanguard and Blackrock). Customers grow their wealth in one of five portfolios constructed with help from world-renowned Nobel Laureate economist Dr. Harry Markowitz. Acorns smart portfolio algorithms automatically work in the background of life, helping users build wealth naturally, pennies at a time. From Acorns mighty oaks do grow. You can access Acorns simply and easily via the app for iPhone, Android or desktop. Visit Acorns.com for more.
Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal's 218 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies. For more information on PayPal, visit https://www.paypal.com/about. For PayPal financial information, visit https://investor.paypal-corp.com.