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Daily Crunch: Saving-investing app Acorns files to go public in $2.2B SPAC deal

20 days ago   |   By Tech Crunch

And welcome to Daily Crunch for Thursday, May 27. From the home desk, TechCrunch has a few notes to share. First, we're hosting a virtual meetup in Pittsburgh as part of our national tour spotlighting neat startup markets. And if you are a super early-stage founder, you can still apply to take part in the upcoming Battlefield competition at Disrupt. Do it. It's going to be a blast. See you at both! - Alex
The TechCrunch Top 3
Lots of people are working on NFTs: Whether you're a crypto fan or not, you've heard of non-fungible tokens, or NFTs. If you have already digested the NBA TopShot...
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Ashton Kutcher, Jennifer Lopez, and VC firm Greycroft stand to make a lot of money when investing app Acorns goes public after its SPAC deal

Ashton Kutcher, Jennifer Lopez, and VC firm Greycroft stand to make a lot of money when investing app Acorns goes public after its SPAC deal

20 days ago   |   By Business Insider

Summary List Placement Investing app Acorns has amassed ample star power in its nine years of existence. Now its celebrity backers are set for a big payday as the company goes public.
Acorns is planning to go public through a merger with the special-purpose acquisition company, Pioneer Merger Corporation. The SPAC deal values the startup at $2.2 billion. The company said it has 4 million subscribers, who pay between $1 and $5 a month for its financial and investing services, and it aims to grow that number to 10 million by 2025.
Among Acorns' investors are Kevin Durant, Alex Rodriguez...
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