Acorns, a micro-investing app with some 2.4 million investment accounts, has announced that select U.S. PayPal customers will be able to set up and use Acorns within PayPal, with access for all U.S. users beginning in early 2018, according to a press release.
“PayPal and Acorns are both committed to helping the up-and-coming achieve their financial potential — together, we see a future where anyone can grow wealth,” said Noah Kerner, CEO of Acorns. “Our strategic partnership with PayPal, supports our shared mission to deliver next generation financial solutions to our customers.”
When consumers log into their PayPal account, they’ll be able to link their Acorns account right from the PayPal home screen. Once the accounts are linked, consumers can transfer funds, monitor their investments, make withdrawals and manage their account from the PayPal website and mobile apps. New Acorns customers can easily sign-up for an Acorns account directly from PayPal, according to the press release.