LendingTree Inc. is investing in Stash, main a $112 million Sequence F funding within the widespread banking and funding app.
Additionally taking part within the spherical are funds suggested by T. Rowe price Associates Inc., in addition to investments from Breyer Capital, Goodwater Capital, Greenspring Associates, Union Sq. Ventures and others, based on press launch.
“LendingTree has change into more and more centered on the asset facet of the buyer’s steadiness sheet, and Stash is a pioneer in that area,” Doug Lebda, founder and CEO of LendingTree,” mentioned within the launch. “Stash is fiercely professional shopper in each its product providing and mission and we see numerous synergies between our organizations.”
Stash will use the funding to gasoline buyer progress and model consciousness. Stash gives month-to-month subscriptions of $1, $three and $9, that present no-fee brokerage, banking, retirement and custodial accounts.
Subjects: Cell Funds, Cell Banking, Cell Apps, Enterprise Capital