Bamboo has hired two fintech pioneers from Acorns, the US-based platform that rounds up everyday purchases investing users ‘spare change’ in shares, as it seeks a high user volume. The company is also looking to expand its product offering and offer more services for users. Raiz Invest, or Acorns Australia, is listed on the Australian stock exchange and has a market cap of more than AU$50 million. The former Acorns team members will join ex-Google and ex-Uber staff working for the micro-investment platform.
Bamboo has hired two fintech pioneers from Acorns, the US-based platform that rounds up everyday purchases investing users ‘spare change’ in shares, as it seeks a high user volume. The company is also looking to expand its product offering and offer more services for users. The former Acorns team members will join ex-Google and ex-Uber staff working for the micro-investment platform.