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Digital Offering Announces the Successful Completion of a $5.5 Million Private Placement for Acorns Grow Incorporated

NEWPORT BEACH, CA--(Marketwired - March 12, 2014) - Digital Offering (www.digitaloffering.com), a next generation, technology-driven investment bank, today announced that its client, Acorns Grow Incorporated, successfully completed its private placement of Series B Preferred Stock. Acorns is the first micro-investing platform which allows people to harvest, save and invest small amounts of money on the fly and has raised the maximum offering amount of $5.5 million. Digital Offering acted as co-placement agent in the offering along with its affiliate, Euro Pacific Capital, Inc.

Acorns designed and developed a micro-investing platform that allows people to sweep sub-dollar amounts at high frequency into a portfolio of index funds offered by three of the world's largest money managers: Blackrock, Vanguard and PIMCO heretofore thought to be impossible or uneconomical to gather and invest in this manner. Offered via a mobile application, Acorns is connected to a proprietary financial engine, which allows customers to automatically round-up loose change from credit and debit card purchases, gather and collect rebates (and eventually certain other forms of found money), and sweep these micro amounts into their investment portfolio.

The net proceeds from the offering will be used for, among other things, the launching by Acorns of its mobile app which is expected to occur during the first half of 2014.

"We are delighted to announce the completion of our first deal on the Digital Offering platform" commented Gordon McBean, CEO of Digital Offering, "It was also a great experience working with Acorns' management team on the transaction. We are excited at the prospects for the business and feel that its upcoming launch will generate a lot of excitement in the financial community and beyond."

"The recent title changes to the JOBS Act have opened up the opportunity for startups to get up and running faster with access to more capital," said Walter Cruttenden, Cofounder and CEO of Acorns. "Our oversubscribed round speaks volumes to the popularity of crowdfunding and we see it emerging as the new way for tech startups to increase their fund raising and the size of transactions. The technology industry is a dynamic one and the investment banking community needs to compliment the culture and pace of the industry they serve."

About Digital Offering LLC

Digital Offering is a next generation investment bank that utilizes state of the art technology to facilitate the private placement of securities. Digital Offering leverages recent regulatory changes that permit the general solicitation and general advertising of private placements to develop targeted advertising campaigns for its issuer clients. Through a strategic partnership with Euro Pacific Capital, Digital Offering provides issuers with access to thousands of active, high net worth investors. Digital Offering's technology platform levels the playing field by automating the private placement process and giving investors the ability to participate in private placements brokered by Digital Offering exclusively or as co-agent with a variety of other investment banks through Digital Offering's website from any place at any time.

About Acorns Grow Inc.

Acorns is the first true micro investing company, allowing people to round up purchases and automatically invest the change®. The Acorns app and financial engine is built to help people micro invest commission-free into a diversified portfolio of index funds offered by the world's largest asset managers: Vanguard, Blackrock, and PIMCO. Customers purchase fractional shares, automatically saving and investing small amounts of money frequently. The app can also help identify and gather found money, such as rebates and rewards, which can be automatically swept into the customer's investment account. Like the alarm app that helps you wake, and the calendar app that helps you keep appointments, Acorns works behind the scenes, saving and investing pennies at a time, so you don't have to. From Acorns mighty oaks do grow!

Acorns Grow Inc. (d/b/a/Acorns) is the parent of Acorns Securities LLC, a member of FINRA and SIPC, and Acorns Advisers LLC, an SEC registered investment adviser.

Risks of Investing in Private Placements

Investing in private placements involves a high degree of risk. Securities sold through private placements are typically not publicly traded and, therefore, are less liquid. Additionally, investors may receive restricted stock that may be subject to holding period requirements. Companies seeking private placement investments tend to be in earlier stages of development and have not yet been fully tested in the public marketplace. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. Investors must be able to afford to lose their entire investment. Investment products are not FDIC insured, may lose value, and there is no bank guarantee.

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