Type | Private |
---|---|
Industry | Financial technology |
Founded | February 2015 |
Founder |
|
Headquarters | , United States |
Products | Investment management, investment portfolios, stock portfolios, stock trading |
AUM | $2 billion (2020) [1] |
Website | www |
Stash Financial, Inc., or simply Stash, is an American financial technology and financial services company based in New York, NY. The company operates both a web platform and mobile apps, allowing users to incrementally invest small amounts, commonly known as micro-investing. [2] [3] It also provides robo advice. By summer 2017, it had approximately 1 million users. [4] As of July 2020, the number has grown to over 5 million. [5]
Stash was founded in February 2015 by Brandon Krieg, David Ronick, and Ed Robinson. [6] [7]
It was launched on the iOS App Store in October 2015 [8] [9] and made available on Android in March 2016. [10]
In February 2018, the firm raised $37.5 million in a Series D funding in a round led by Union Square Ventures. [11] In April 2020, it raised another $112 million in Series F funding in a round led by LendingTree. [1]
In February 2018, CNBC praised the app's automation and ease-of-use. [12]
Stash offers retirement, banking, individual investment, and custodial accounts through a subscription model. [5]
Through the web platform and mobile apps, users can invest as little as $0.01 in fractional shares of thousands of stocks [8] and more than 80 exchange-traded funds. [12] [13] Users can invest in personal brokerage accounts, retirement accounts, Roth IRAs, traditional IRAs, or custodial accounts. [14] [15] Stash also offers financial education and automatic investing. [16] [17]
WhatsApp is a freeware, cross-platform, centralized instant messaging (IM) and voice-over-IP (VoIP) service owned by United States tech conglomerate Meta Platforms. It allows users to send text, voice messages and video messages, make voice and video calls, and share images, documents, user locations, and other content. WhatsApp's client application runs on mobile devices, and can be accessed from computers. The service requires a cellular mobile telephone number to sign up. In January 2018, WhatsApp released a standalone business app called WhatsApp Business which can communicate with the standard WhatsApp client.
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