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Acorns app rebrands to ‘Raiz Invest’


Users can be triggered to replace their Acorns app from these days to see the brand new branding.

Don’t be at a loss for words if you happen to understand a brand new app replace for your telephone these days for Raiz Invest. Popular micro-investment app Acorns has these days rebranded to Raiz Invest, and customers can be triggered to replace the app to see the brand new emblem, branding and color scheme.

Acorns, now Raiz Invest, is an app that collects your spare exchange and invests it within the proportion marketplace for your behalf, differently referred to as micro-investing. The app will take left over exchange from on a regular basis transactions routinely, as an example if you happen to purchased a $three.50 espresso the app would take the rest 50 cents and upload it to your portfolio. It’s proved extremely in style for it is ‘set-and-forget’ means to making an investment, specifically amongst Australia millennials, with the app boasting greater than 460,000 customers since launching in Australia in 2016.

Managing Director of Raiz Invest George Lucas mentioned the app will predominately nonetheless serve as in the similar approach that customers know and love, and can nonetheless be offering the similar purposes and contours that experience proved increasingly more in style, as an example Little Acorns (now Raiz Kids) which used to be introduced in November 2017. Lucas confident customers that the basic purpose of the app will nonetheless be to make stronger the monetary self assurance of Australians.

“Whilst our users will not notice any immediate difference to the way the app works, they will start to notice a product that becomes more tailored to their unique needs, with changes based on the feedback they share. Since launching Acorns Australia in 2016, more than 460,000 people have signed up showing that Australians want the confidence to know they are in control of their finances and are doing the best they can to achieve their financial goals. Through its philosophy of automatically saving and investing small amounts on a regular basis, Raiz, is enabling this financial confidence,” mentioned Lucas.

“Whilst our name has changed, our commitment to improving the financial confidence and literacy of Australians remains the same. In the coming months we’ll continue to share improvements and bring new products to market that help our customers save in the background of life,” he mentioned.

The rebranding to Raiz Invest is a part of Acorns’ adventure to transfer clear of the USA Acorns logo to increase a monetary product this is distinctive to and adapted in opposition to the Australian marketplace. The transfer follows the app’s launch of its own superannuation product in March, which used to be constructed with younger Australian in thoughts.

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App symbol: Supplied


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