Financial technology startup Stash has just secured a whopping $146 million in funding, according to a recent report from SiliconANGLE. This injection of capital is set to fuel the company’s growth and expansion in the increasingly competitive fintech space.

Stash, founded in 2015, offers a mobile app that helps users save and invest their money in a simple and user-friendly way. The app allows users to set up automatic deposits into their investment accounts, as well as offering educational content to help them make informed financial decisions.

The startup’s success is a testament to the growing interest in financial technology solutions, as consumers seek out more convenient and accessible ways to manage their money. With this latest round of funding, Stash plans to further develop its platform and reach a wider audience of users.

This news is not only significant for Stash, but also for the fintech industry as a whole. As more and more consumers turn to digital solutions for their financial needs, startups like Stash are well-positioned to capitalize on this trend and disrupt traditional banking institutions.

Overall, the success of Stash is a positive sign for the future of financial technology and the potential for innovation in the industry. With this new funding in hand, Stash is poised to continue its growth and solidify its position as a leader in the fintech space.

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Source: SiliconANGLE