With $5 billion in assets under management and over a million paying subscribers, Stash provides an AI-powered investing platform to Grab, which has been expanding the superapp to include payments, lending, and digital banking on the back of its food delivery and ride-hailing services.
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Grab Buys Investment App Stash At $425 Million Valuation After Posting First Full-Year Profit
“This acquisition brings more than just recurring, high-margin subscription revenue,” Anthony Tan, CEO and cofounder of Grab said.
