Acorns Launches Gift Card to Help People Grow Wealth Together

Give Your Friends a Brighter Future with a Gift that Grows

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Nov 15, 2017, 12:00 ET

IRVINE, Calif., Nov. 15, 2017 /PRNewswire/ -- Acorns, the country's fastest-growing micro-investing app with over 2.3 million accounts, announced the launch of its gift card, just in time for the holiday season. The Acorns gift card allows people to grow wealth together by investing in each other with a gift that long outlasts the occasion.

"Our mission is to look after the financial best interests of the up-and-coming," said Noah Kerner, CEO of Acorns. "This gift card will help people look after one another, with a gift that keeps growing."

While the Acorns gift card is launching for the holiday season, it will be a permanent feature in the app, and available at select stores. "It's time to start encouraging community around financial wellness. Investing has historically been pretty solitary. Now, we can help each other grow wealth," Kerner said.

As a digital gift, the Acorns gift card is the easiest way to give someone a boost towards a brighter future — for an occasion, or just because. Current Acorns customers can easily redeem their gift to receive an automatic investment in their accounts. Gift card recipients who are new to Acorns can open an account with a head start, and begin saving and investing effortlessly into a low-cost, diversified portfolio.

Acorns gift cards are available for $25 in the Acorns app and at acorns.com/giftcard starting today, and are available for purchase on eBay, PayPal and at Toys-R-Us retailers across the country. Purchasers do not have to be Acorns customers to buy the gift card. To redeem the gift card, recipients need to have or create an Acorns account. There are no fees associated with the Acorns gift card.

About Acorns

Acorns is the leading micro-investing app in the U.S. It's easy-to-use 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. Acorns believes anyone can grow wealth. You can access Acorns simply and easily via the app for iPhone, Android or desktop. Visit Acorns.com for more.

SOURCE Acorns