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Investing: Robo-advisors and micro-investing lower barriers to entry. Investing: Robo-advisors and micro-investing lower barriers to entry. Jon Stein, a millennial himself, founded the company in 2008. As with robo-advisors, the rise of micro-investing apps is closely tied to millennials’ financial coming-of-age.
Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. Source: Square. valuation following its $80M Series C.
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