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PayPal enters the robo-advisory business

The electronics payment firm PayPal is getting into the robo-advisory business.

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The electronics payment firm PayPal is getting into the robo-advisory business. (Photo: Shutterstock)

PayPal, the electronic payments firm, is entering the robo-advisory business.

It has announced a new arrangement with Acorns, a robo-advisory firm focused on small investors, that essentially creates a two-way street for customers with accounts at both firms.

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