Acorns

Broker or investment firm · Irvine, United States

The register calls Acorns a bank with an e-money licence. It is neither. Acorns is a Californian consumer app, registered with the SEC as an investment adviser, that rounds up card purchases and invests the change into ETF portfolios, retirement accounts and custodial accounts for children. Its checking and savings accounts are supplied by Lincoln Savings Bank or nbkc bank, both FDIC members, and insured up to USD 250,000. It is sold as a monthly subscription: Bronze at USD 4, Silver at USD 8 and Gold at USD 12 a month. There is no business account, no company card and nothing at all aimed at a company: this is a personal and family product.

Legal name: Acorns Grow Incorporated
Regulated by: US Securities and Exchange Commission (registered investment adviser), FINRA (2017 censure), FDIC, through the partner banks Lincoln Savings Bank and nbkc bank
Licence confirmed: yes, on a regulator's own list
Established: 2012
Website: www.acorns.com

Scores, 0 to 10

6.5Customer satisfaction

Trustpilot rates Acorns 4.0 out of 5 from 4,135 reviews and labels it Great, on a profile that replies to 98% of negative reviews but does not invite reviews. · source

5.0Best interest on business balances

The emergency savings account on Silver and Gold pays 3.35% APY, but it is a consumer account, not a business balance. · source

4.0Fast digital onboarding

Signup is fully online through the app, but only individuals can open an account and there is no company onboarding path. · source

4.0Financial strength & stability

Backed by BlackRock, PayPal and NBCUniversal with more than USD 6.2 billion of assets under management in 2022, but private, unrated and publishing no financial statements. · source

3.5United States

A US-only consumer app with FDIC-insured checking through Lincoln Savings Bank or nbkc bank, but no business account, so it serves no company banking need. · source

3.0Lowest fees

A flat USD 4 to USD 12 monthly subscription is transparent but there is no business account for that fee to apply to. · source

3.0Business cards (Visa, Mastercard)

The Gold tier includes an Acorns Early debit card for children and the checking account has a personal debit card; no business card is offered. · source

3.0Bitcoin

Acorns lets individual customers add up to 5 percent of their Acorns Invest portfolio in BITO, a bitcoin futures ETF, which is retail-only price exposure with no spot bitcoin. · source

2.0Crypto-friendly bank

Acorns invests in ETF portfolios and publishes no policy on crypto businesses or crypto assets in its subscription tiers. · source

1.5Fintech companies that need a partner bank

Acorns is itself a customer of partner banks and offers no safeguarding accounts or rail access to payment firms. · source

1.5Startups & VC-backed companies

No company accounts, no financing and no founder product; the tiers are personal and family investing plans. · source

1.5Foreign-owned & non-resident companies

A United States product tied to US partner banks and FDIC cover, with no path for foreign-owned companies or non-resident owners. · source

1.5High-risk verticals (iGaming, cannabis, adult, forex)

A consumer investing app with no merchant onboarding at all, so there is no path for gambling, cannabis, adult or forex operators. · source

1.0Cross-border payments, FX and multi-currency accounts

A dollar-only product with no multi-currency account and no international transfers. No multi-currency accounts, pooling or hedging; the product manages a personal portfolio. · source

1.0Online businesses: e-commerce and SaaS

No acquiring, collection accounts or payouts; nothing in the product touches merchant money. Nothing serves software businesses: no receiving accounts, no integrations, no revenue financing. · source

1.0Trade, manufacturing & import-export

No trade finance of any kind. · source

1.0Crypto wallet and custody for a business

Acorns states it does not provide access to invest directly in bitcoin and holds no crypto for anyone; its accounts are for individuals only, checked September 2026. · source

1.0Accept crypto payments

Acorns is a consumer investing and checking app with no merchant or business products, so there is no crypto acceptance, checked September 2026. · source

1.0Ethereum

Acorns' only crypto-linked holding is the bitcoin futures ETF BITO, with no ether fund, spot ether or staking, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

Acorns offers no stablecoin holding, payouts or conversion, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.