Stash Financial, Inc., or 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.
History
Stash was founded in February 2015 by Brandon Krieg, David Ronick, and Ed Robinson.[4][5]
It was launched on the iOS App Store in October 2015[6][7] and made available on Android in March 2016.[8]
By summer 2017, Stash had approximately one million users.[9]
In February 2018, the firm raised $37.5 million in a Series D funding in a round led by Union Square Ventures.[10] In April 2020, it raised another $112 million in Series F funding in a round led by LendingTree.[11]
As of July 2020, Stash's user base had grown to over five million customers.[12]
In October 2024, Stash laid off 40% of its employees.[13]
In May 2025, the firm secured $146 million in a series H funding round to deepen its investment into Artificial intelligence. "For a decade, Stash has helped millions take control of their financial futures,” Stash Co-Founder and Co-CEO Ed Robinson said in a Monday (May 12) press release. “Now, we’re doubling down — transforming how people save, invest and build long-term wealth with AI-powered intelligence at the core. [14]
In February of 2026, Grab Holdings announced they were acquiring Stash for a $425 million valuation. [15]
Reception
In February 2018, CNBC praised the app's automation and ease of use.
Services
Stash offers retirement, banking, individual investment, and custodial accounts through a subscription model.[12]
Through the web platform and mobile apps, users can invest as little as $0.01 in fractional shares of thousands of stocks[6] and more than 80 exchange-traded funds.[16][17] Users can invest in personal brokerage accounts, retirement accounts, Roth IRAs, traditional IRAs, or custodial accounts.[18][19]
See also
- Acorns
References
- Amit Chowdhry. Stash: $146 Million Series H Raised and $4.3 Billion AUM Milestone 13 May 2025, retrieved 13 May 2025^
- The Innovators – Meet the 65 Companies and Their Owners Who Have Conjured Up the Latest Wave of Products, Services, and Technologies money.cnn.com, May 1, 2001, retrieved 2023-04-20^
- Aaron Lucchetti. E-Tailers Allow Buyers to Add Fund Investments to Carts WSJ, 22 December 1999, retrieved 2023-04-20^
- Kathleen Elkins. Wall Street vets left 6-figure jobs to launch an app that makes investing easy CNBC, October 21, 2016, retrieved September 21, 2018^
- Anthony Noto. Investment app Stash secures $37.5 million funding round New York Business Journal, 12 February 2018, retrieved February 9, 2019^
- Heather Long. How to get started investing...for $5 CNN Money, 16 October 2015, retrieved February 9, 2019^
- Michael del Castillo. 50,000 people on waitlist for app that lets Millennials invest in their beliefs New York Business Journal, 14 October 2015, retrieved February 9, 2019^
- Nathan McAlone. Stash is an app that says millennials want to invest based on 'values,' and it's now available on iOS and Android Business Insider, 31 March 2016, retrieved February 9, 2019^
- Omri Barzilay. Stash To Build Banking App "For All Americans" Forbes, November 9, 2017, retrieved September 21, 2018^
- Sarah Perez. Simplified investing app Stash raises $37.5 million Series D as it heads into banking TechCrunch, 12 February 2018, retrieved February 9, 2019^
- Arnab Shome. Stash Banks $112 Million in LendingTree-Led Funding Round Finance Magnates, April 30, 2020, retrieved October 10, 2020^
- Tanza Loudenback. A financial app with over 5 million users says retirement account sign-ups have surged during the pandemic — especially among people 65 and up Business Insider, July 15, 2020, retrieved October 10, 2020^
- Leo Schwartz. Exclusive: Fintech unicorn Stash laid off 40% of its workforce after CEO left Fortune, retrieved 2026-01-27^
- PYMNTS. Stash Secures $146 Million to Add AI to Financial Guidance Platform retrieved 12 May 2025^
- Grab Holdings. Grab Accelerates Financial Services Roadmap with Acquisition of Digital Investing Platform, Stash Financial, Inc. Grab Press Centre, retrieved 12 February 2026^
- Kathleen Elkins. I used an investing app for the first time and it made for the easiest $300 I ever saved CNBC Make It, 16 February 2018, retrieved February 9, 2019^
- Nathan McAlone. Stash is an app that says millennials want to invest based on 'values,' and it's now available on iOS and Android Business Insider, February 9, 2019, retrieved February 9, 2019^
- Arielle O'Shea, Andrea Coombes. Stash Review 2019 NerdWallet, January 3, 2019^
- Anna Bahney. How to keep your kids from being ignorant with money CNN Money, 20 February 2018, retrieved February 9, 2019^