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As Stash Reaches Over $1 Billion in Assets Under Management, New Funding Further Solidifies Company as the Leading Solution to Help Americans Achieve Financial Security

Apr 29, 2020•over 5 years ago

Amount Raised

$1 Billion

New York

Description

Stash, one of the fastest-growing banking and investing services in the U.S., pioneering the future of personal finance, today announced a raise of $112 million in Series F funding. The round included number-one money marketplace, 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.

Company Information

Company

Stash

Location

New York, New York, United States

About

STASH is pioneering the future of personal finance by building an all-in-one financial home that combines banking, investing, advice, and technology to help anyone create a better life—no matter their network or net worth. Unlike traditional financial institutions, STASH is solving the personal saving and wealth crisis by helping over 4.5 million Americans avoid fees, take control of their finances, and achieve their goals. Rather than offer individual financial products, STASH offers all-in-one subscriptions that prioritize affordability, accessibility, education and simplicity and include personal investment accounts, Traditional and Roth IRAs, custodial investment accounts, banking services, checking accounts and debit cards. STASH has also given away over 9.5 million fractional shares through the world's first Stock-Back® rewards program. Based in New York City, STASH launched in October 2015 by Wall Street veterans, Brandon Krieg and Ed Robinson.

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