Brooke Southall

Acorns is raising $565 million to Robinhood-ize itself; lately, that includes self-direction options and buying fintechs

Acorns

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Combining a SPAC IPO raise of $400 million and a $165-million hedge fund placement, the Irvine, Calif.-based robo-advisor needs a reboot after nearly a decade grew AUM to only about $5 billion

Acorns is raising $565 million to Robinhood-ize itself; lately, that includes self-direction options and buying fintechs

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October 9, 2018 at 8:55 PM

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Acorns is raising $565 million to Robinhood-ize itself; lately, that includes self-direction options and buying fintechs

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October 9, 2018 at 8:55 PM

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