IRVINE, Calif.--(BUSINESS WIRE)--Acorns, the country’s fastest-growing micro-investing app with more than 2 million accounts, today announced its partnership with Adam Dell’s Clarity Money, the personal finance app that acts as the “Champion of your Money.” Through the partnership, Clarity Money customers can easily become Acorns investors and take advantage of Acorns automated investing features. Existing Acorns investors also benefit by being able to see a snapshot of their activity in the Clarity Money app.
Clarity Money’s rapidly growing user base will also have access to Acorns’ cash forward rewards program, Found Money, which has become the standard for brands that want to invest into peoples’ futures. Launched in May 2016, the Found Money program has attracted many of the top millennial brands, including Casper, Dollar Shave Club, Nike, Warby Parker, and Airbnb. When Acorns investors shop with the partner brands, they get a direct investment into their Acorns account – shifting rewards from a cash back to a “cash forward” benefit.
“We love coming together with partners who, like us, spend all day thinking about their customers’ best interests,” said Noah Kerner, CEO of Acorns. “Clarity has built a wonderful product founded on very similar values to which we subscribe.”
“Acorns empowers consumers to become investors, which is an important step in financial health. We are delighted to offer this solution to our customers,” said Adam Dell, CEO and Founder of Clarity Money.
Clarity Money uses data science and machine learning to provide personalized insights for customers, helping them to track their expenses, lower their bills, and get customized recommendations on credit cards and other financial products that fit their specific needs. Through the partnership, Acorns will be embedded into the Clarity Money app, which makes it easier for both Acorns and Clarity customers to manage their money.
You can download Acorns and Clarity Money on any smartphone device. Both are available on iOS and Acorns is also available as an Android and web app.
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.
About Clarity Money
Clarity Money is a personal finance mobile app that acts as your financial champion. Ushering in a new era of mobile personal finance management apps, Clarity Money uses artificial intelligence and data science to help consumers make smarter financial decisions and get the most from their money. The revolutionary features allow users to cancel and lower bills, get a better credit card, get their credit score and create a savings account, all from within the app, and all at the push of a button. Launched in 2016 by venture capitalist and serial entrepreneur Adam Dell, Clarity Money is backed by leading investors, including Citi Ventures, RRE Ventures, Soros Capital, and Bessemer Venture Partners. To learn more about Clarity Money, click here.