Amid stock market turbulence, investing app Stash raises $112M led by LendingTree

Amid stock market turbulence, investing app Stash raises $112M led by LendingTree

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/04/29/stash-investing/

As coronavirus-hit financial markets continue to flip-flop in the wake of bad news followed by pockets of hope, a startup that aims to introduce ordinary consumers to investing has raised a big round of funding.

New York-based Stash, which provides a mobile-first route to managing money through investment — as well as retirement, custodial and more routine banking — accounts has picked up $112 million, money that it will use to continue expanding its business, which as of this month had 4.5 million users and $1 billion in assets under management.