Venice, CA based provider of text message-based financial management, investing, and savings services raised $4m according to an SEC filing. It is unclear who participated in or led the round.
“Investing isn’t just for rich kids & boomers,” the company’s website reads. Through text messages, the company sends users money tips to go from “broke to ballin.” One example: If a Stackin’ user sets up an auto-deposit, the company will give the user $25 dollars. There are also automatic saving features and tips tailored to personal financial goals. The startup’s website claims it has about 500,000 users.