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Developing an app like Acorns: what do you need to consider?

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Gregory Andersen
Developing an app like Acorns: what do you need to consider?

IT-technologies have penetrated to all spheres of our life, including banking and investment sectors. Today, investment is not a complicated activity, requiring special knowledge and experience as it used to be several decades ago. Thanks to the development of mobile technologies, stock trading and investment are available to anyone who has a smartphone or a tablet. Needless to say that mobile apps for investing are booming in popularity. This is especially true for apps designed for micro-investing. Specialists single out the following reasons for their popularity:

- Most people don’t have large sums of spare money for investing.

- Despite a solid level of transactions protection, online investing is still not a completely risk-free activity.

Creating investment apps like acorns, one should consider these two factors and focus on micro-investing in order to attract as many users as possible.

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Gregory Andersen
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