Investment app Acorns has added food delivery service Foodora to its growing list of brand partners for its rewards program, Found Money.
The Found Money program invests money directly into a users’ Acorns investment account when they make purchases with Found Money partners.
From today, Acorns users who sign up to Foodora will receive an initial $10 referral bonus in to their Acorns investment account. They will also receive an extra $1 reward for every Foodora purchase after signing up.
George Lucas, CEO and Director of Acorns Grow Australia, says the partnership with Foodora means Acorns’ users get more incentives to invest in their future.
“Both Foodora and Acorns are technology-based disruptors designed to help consumers with access and convenience, whether it’s food delivery or investments in shares.
“The Acorns Found Money program gives users additional opportunities to take control of their financial future, by rewarding them for their existing purchase behaviour and incentivising new ones.
“There is a high demand for saving assistance, particularly from Millennials, who want simple mobile based technology to help them invest without having to think about it. This app, combined with these new partnerships, is another added benefit to help with that ambition.”
Toon Gyssels, Co-founder and CEO Foodora Australia says: “We have been looking for the right way to reward our loyal customers, and what better way than to invest in their future. Our partnership with Acorns does exactly that.”
Acorns launched in Australia in February 2016 and has already attracted more than 200,000 consumers.
Foodora joins a number of other Found Money brand partners including Dan Murphy’s, THE ICONIC and David Jones.