Bono’s Fund Makes Its First Fintech Investment, Backing Acorns

  • Rise Fund, co-founded by the U2 singer, is investing in Acorns
  • Startup’s other celebrity backers include Kutcher and Durant

Financial technology startups are grabbing a greater share of capital from investors. Now Bono is getting in on the action.

The Rise Fund, a private investment firm co-founded by the U2 lead singer, is making its first known bet on a fintech business by backing Acorns Grow Inc., said people familiar with the matter, who asked not to be identified because the details are private. Acorns offers a stock-investing app tailored to people with small amounts of disposable income…
Categories : Finance

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