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Showing 11 - 20 of 23 results for %22Acorns%22

Acorns hits $100m milestone

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
Micro-investing and savings app Acorns Australia reached the $100 million funds under management mark in less than two years since its launch. The app, which has more than 300,000 users, has generated a 10.5% per annum return (after fees but before ...

Government paves the way for open banking

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... easier for new market entrants to access bank-held customer financial data. Fintechs, including micro-investing application Acorns, often rely on customer data gathered from open banking-APIs platforms to populate their data bases and increase personalised ...

Wealth and investment leads Aussie fintech

EMMA RAPAPORT  |  WEDNESDAY, 28 JUN 2017
... providers alongside key financial services regulators, includes robo-advisers Six Park and Clover, micro-investing company Acorns, and recently launched superannuation product Spaceship. According to FinTech Australia chief executive Danielle Szetho ...

Acorns adds ESG investment option

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
Users of fractional investing app Acorns now have the option to apply environmental, social and corporate governance standards to investments. The Emerald Portfolio is diversified across all asset classes including Australian equities, international ...

Advisers must prepare for the next generation of clients

EMMA RAPAPORT  |  WEDNESDAY, 7 JUN 2017
... fractional ownership of property, is particularly appealing to many who are locked out of the property market, and products like Acorns are being increasingly favoured by millennials as a cheap and accessible long-term investment option." "Advisers need ...

Banks can offer fintech an olive branch

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
... disclose online banking log-in and password credentials. An alleged target of the communique was micro-investing application Acorns. It hit back and labelled CBA's behaviour anti-competitive, accusing the bank of deliberately sowing confusion about fintechs. ...

First-mover advantage key to smart beta ETFs

MICHELLE BALTAZAR  |  MONDAY, 9 JAN 2017
... second with US$83 billion and Wisdom Tree third with US$58 billion. These top three players hold 66% of the entire market. Acorns Grow Australia managing director George Lucas, said the growth of the ETF market globally is further boosted by the demand ...

Top 10 financial planning stories in 2016

STAFF WRITER  |  TUESDAY, 20 DEC 2016
... portion" of revenue from clients referred to JBWere advisers from the NAB network. 9. REST boosts member savings through Acorns app REST Super's latest deal with micro-investing app Acorns, announced in November, is a brilliant chess move in the quest ...

REST boosts member savings through Acorns app

MICHELLE BALTAZAR  |  TUESDAY, 8 NOV 2016
REST Super's latest deal with micro-investing app Acorns is a brilliant chess move in the quest to encourage more Australians to save for their retirement. It's one small step for Acorns but a giant leap for the superannuation industry. This month the ...

Micro-investment app hits 100,000 users in Australia

ALEX BURKE  |  MONDAY, 25 JUL 2016
Over 100,000 users have signed up to micro-investment savings app Acorns following its Australian debut six months ago. The app, which gives users the opportunity to "round up" individual purchases - a $3.50 coffee, for example, becomes $4 - and invest ...