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Saving and investment app Acorns gets $2.2 billion SPAC listing after record Q1

  • Acorns is going public via a $2.2 billion SPAC to accelerate its user acquisition growth.
  • And this won’t be the last investing app going public this year.  

The merger with Pioneer Merger Corp., which almost triples the fintech’s last private valuation of $860 million in 2019, is set to close in H2, per CNBC.

Quarterly global fintech M&A and IPO activity

Acorns gets $2.2 billion SPAC listing after record Q1.

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