AI-powered micro-investing app that automatically invests spare change from daily purchases.

Description

Acorns is an investment app that utilizes the concept of micro-investing, making investing accessible to everyone. The "Round-Ups" feature automatically invests your spare change from daily purchases by rounding up to the nearest dollar. AI Portfolio Selection offers diversified ETF portfolios based on your personal goals and risk tolerance. "Recurring Investments" allows you to automate savings with any amount. "Found Money" provides cashback from 350+ partners that is automatically invested for you. Acorns Later offers IRA accounts for retirement, while Acorns Early is an investment account for kids. Smart Deposit automatically invests bonuses and paychecks. The app also includes educational content about investing. Plans start at $3/month for the basic tier. With over 9 million users, it’s perfect for beginners intimidated by investing or those who cannot invest large sums. It follows a "set it and forget it" philosophy—investing without thinking, driven by intuitive mobile apps.