Investment platform reserves raise $146 million to enhance AI capabilities

US-based investment platform Stash has earned $146 million in revenue from the H-series financing led by Goodwater Capital.

Additional contributions come from existing investors Alliance Plaza Venture Capital, Stepstone Group, Serengeti and the University of Illinois Foundation, and T. Rowe Price Investment Management Advised Funds and Accounts.

A brand new injection will support Stash's goal of providing accessible financial guidance.

It will improve product development for Stash, growth of subscribers and enhance its AI capabilities.

A key component of the program is Money Coach AI, a financial guidance tool that provides real-time personalized investment advice.

"Stash not only uses AI to enhance its platform, but also uses AI to change how people interact with their money," said Chi-Hua Chien, founder and managing partner of Goodwater Capital.

“The company’s momentum is undeniable and we are proud to support the next area of ​​fintech.”

According to the company, since the launch of Currency Coach AI, AI has changed user engagement with financial management, assisting customers in making smart decisions about their investments and savings.

Money Coach AI has recorded over 2.2 million interactions, and the goal of supporting Stash is to help users save, invest consistently and make informed financial decisions.

Stash data shows that within ten minutes of interaction, a quarter of users who are engaging with currency coach AI will take positive financial actions, such as investing or adjusting their savings strategies.

Currently, Stash has 1.3 million payment subscribers and manages $4.3 billion in assets.

"This new funding is a vote of confidence in Stash's vision for the future of personal finance," said Robinson, founder and co-CEO of Stash.

"For a decade, Stash has helped millions of people control their financial futures. Now, we are redoubled our efforts - shifting how people can save, invest and build long-term wealth through core AI-driven intelligence. We're just getting started."

“Investment Platform Reserves raised $146 million to enhance AI capabilities” was originally created and published by the global Data-owned branded private banking international company.


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