Breaking News
Stash Raises $112M in Series F Funding
Stash, a NYC-based banking and investing service, raised $112m in Series F funding.
The round included LendingTree, and funds and accounts advised by T. Rowe Price Associates, Inc., as well as Breyer Capital, Goodwater Capital, Greenspring Associates, Union Square Ventures, and other investors.
The company intends to use the funds for customer growth and brand awareness.
Launched in October 2015 by Wall Street veterans, Brandon Krieg and Ed Robinson, Stash offers monthly subscriptions options that include no-fee brokerage, retirement, custodial, and banking accounts along with a stock rewards program that automatically gives Americans fractional shares of stock everywhere they shop. Stash integrates advice and education, personalization, and product offerings across investing, banking, saving, budgeting, and more.
This news follows several major growth milestones. In April, the company reached over $1 billion in assets under management.
- EXCLUSIVE: “Passion Project” – Brice van de Walle, Mastercard in ‘The Fintech Magazine’ Read more
- FreedomPay Drives Global Merchant Innovation Read more
- FIS Brings AI-Powered Advancements to Seamless, Personalized Digital Banking Experiences Read more
- Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure Read more
- Nearly Two-Thirds of Global Retailers Say Payment Method Flexibility Drives Revenue Growth, ACI Worldwide Survey Finds Read more