Daily Review: Nurturing the Next Generation of Investors Through Micro-Investing

In a move to expand the addressable financial and demographic markets, financial technology startups have introduced various tools making it easier to save and manage wealth. After a period of learning, larger companies, previously wary of getting into the micro- side of financing, investing, wealth management, are increasingly interested in empowering startups that show success in the sphere.

Pick #1. BlackRock, World’s Biggest Investing Company, Is Planning to Nickel-And-Dime You

BlackRock, the world’s largest asset manager, handling more than $6 trillion, led a $50 million investing round in micro-investing site Acorns. The personal finance app allows customers to automatically invest spare change from everyday purchases, such as those made via credit card transactions, in exchange-traded funds from B ...

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