Peter Rudegeair
speaker
756 appearances
12 recordings
1 series
first heard Nov 2017
last heard May 2021
Peter Rudegeair’s voice in public audio — every appearance, attributed to the second.
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Appearances
They might, based on a few questions, gauge your risk tolerance and automatically invest that into different funds without you kind of having to do anything.
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So Acorns is really focused on folks that haven't saved before.
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They call them the up-and-coming savers.
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The average account size is only a few hundred dollars.
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And it's about savings as much as investing.
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So it's kind of forcing you to save, again, asking you to round up some of those purchases, investing in spare change, and then putting that to work in baskets of exchange-traded funds.
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So with this PayPal partnership now, you can...
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Link your PayPal account, start making transactions to Acorns through PayPal, and within the PayPal app, you can kind of manage that whole account.
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You can look at your balances, look at your returns, set up additional recurring investments if you want to do that, and really try to bring the whole narrative around financial wellness inside the PayPal app.
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Yeah, absolutely.
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There are some locations where you can see a map inside the app where PayPal might be accepted.
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And now by introducing investing, it's hoping that users will engage with the smartphone app maybe more than they otherwise would have.
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Is Alexa part of your life?
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Then make Your Money Matters part of your flash briefing on the Amazon Echo.
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The Wall Street Journal.
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Listen ambitiously.
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