Since launching in 2015, STASH has been on a mission to help middle class Americans make financial progress, ultimately helping them reach their goals and find financial freedom. Over the years, STASH has grown from simply a fractional investing app—allowing customers to invest with just $5 at a time—into a full-fledged “financial home” for over four million Americans, regardless of experience, background or net-worth.
Today, STASH unites investing, banking and education into one seamless experience. Customers not only have access to personal brokerage, retirement and custodial accounts, but also a zero-hidden-fees debit account (1) with Stock-Back® Rewards (2) (the only rewards program that invests for customers as they spend), budgeting tools, spending insights and more. Plus, integrated throughout the entire platform, are automated savings tools and financial education to help customers learn as they go.
The innovation that’s fueled STASH’s growth continues to set the company apart from competitors. For example, STASH’s suite of automation tools—Auto-Stash—helps the average STASH customer put away well over $400 in just a few short months, a staggering statistic considering the amount of Americans who are unable to come up with $400 in an emergency, according to the Federal Reserve’s annual economic wellbeing report. (3)
What’s more, Stock-Back® Rewards has not only transformed hundreds of thousands of STASH banking customers into investors—simply for living their everyday lives and going about their regular spending—but the program has also acted as a major savings catalyst. In fact, nearly 30% of customers who earn Stock-Back® Rewards go on to invest (or make an additional investment) in the given stock or fund they were rewarded with. This trend solidifies the way an innovation like Stock-Back can benefit short-term spending and saving, but also aid in long-term financial education and discovery.
Because of this commitment to innovation—exemplified by Auto-Stash and Stock-Back® Rewards, as well as other unique tools like Portfolio Builder and Spending Cushions—STASH is truly pioneering the future of financial services—a future that recognizes the importance of accessibility and education and puts customers’ wants and needs before anything else. With a majority of Americans living paycheck to paycheck, STASH is delivering a single, cohesive platform for the millions of Americans who have been ignored by legacy financial institutions for far too long. It’s one app for all your money needs.
1 Other fees apply to the debit account.
2 Stash Stock-Back® rewards is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates, and none of the foregoing has any responsibility to fulfill any stock rewards earned through this program.
3Debit Account Services provided by and Stash Visa Debit Card issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Investment products and services provided by Stash Investments LLC, not Green Dot Bank, and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.
Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser. This material has been distributed for informational and educational purposes only, and is not intended as investment, legal, accounting, or tax advice. Investing involves risk.