New York, March 23, 2023 – Stash, the banking and investing app dedicated to bringing financial stability to everyday Americans, today announced that it has been named ‘Best Personal Finance App’ in the 2023 FinTech Breakthrough Awards.
The award is a testament to the mission of Stash and its commitment to its 2 million active subscribers, who average $58K in household income and use Stash as a first-time saving and investing platform. Despite the financial headwinds that impact lower and middle-class Americans, Stash customers continue to build for their financial future: More than half set aside hundreds in their first year with Stash, and one in five put away over $1,000 in the first six months alone.1
Our customers have said it best: “[Stash] is easy, and it’s customizable. I can pick and choose where [the money] goes, and it’s hands on without being too hands on.”
Stash is also announcing the appointment of three new leaders focused on the customer experience and new B2B partnerships that will bring Stash’s award-winning guidance and tools to millions more.
Shannon Allmon, Stash’s new Chief Experience Officer, joins the company following global leadership roles at Capital One, PayPal, Venmo, and BlockFi, where he oversaw product, marketing and go-to-market strategy, and scaled financial products from tens of millions to hundreds of millions of customers. Drew Singer joins Stash as Head of Product, following over a decade at PayPal and BlockFi where he led record-breaking growth and customer satisfaction across several products including business lending and Buy Now Pay Later. And Sarika Doshi joins as VP, Partnerships & Business Development after serving as Chief Revenue Officer at Olive, a sustainable logistics company, and VP, Strategic Partnerships and Business Development at Walmart, where she was instrumental in driving Jet.com’s highest-revenue partnerships across categories.
“Stash exists to help people invest for their future and their families’ future, and the best time to take that first step is always today,” says CEO Liza Landsman, who took the helm in February 2023. “Shannon, Drew, and Sarika will ensure that more Americans experience Stash’s unique approach to financial guidance and support, while simultaneously guiding our company through this next phase of growth.”
Stash is an investing and banking2 app that simplifies personal finance for more than 2 million active subscribers. Stash’s plans—starting at just $3 a month—provide easy and affordable access to a suite of products including investing, banking, education, and advice. In 2022, the company launched its new banking infrastructure, Stash Core, as well as major updates to its managed portfolio product, Smart Portfolio, and its investing tools. Stash’s one-of-a-kind Stock-Back® patented technology connects banking with investing; customers have earned more than 66M in Stock-Back® Rewards by using the Stash Stock-Back® Debit Mastercard®.3