"We have made nine acquisitions since 2016, and the resulting diversification puts us in a unique position to now move aggressively to the asset side for consumers. Moriarty, LendingTree's Chief Financial Officer. "We are very proud of the corporate development track record at LendingTree," said J.D. "We're confident that LendingTree's experience and success in delivering customer-first financial solutions will have a powerful impact on our ability to reach even more people who need a better way to save and invest." "Stash is dedicated to making an impact in millions of Americans' lives by providing them with advice and coaching along with simple, personalized tools to help shape positive, long-term financial habits," said Brandon Krieg, co-founder and CEO of Stash.
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We couldn't be more confident in our decision to invest in this business and its talented team." With LendingTree's customer reach, marketing breadth, and comprehensive credit and debt offerings, and Stash's focus on education and advice around saving and investing, we can help the consumer and each other. "Stash is fiercely pro-consumer in both its product offering and mission, and we see countless synergies between our organizations. "LendingTree has become increasingly focused on the asset side of the consumer's balance sheet, and Stash is a pioneer in that space," said Doug Lebda, founder and CEO of LendingTree.
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Additionally, the company has given away over 9.5 million fractional shares of stock through the world's first Stock-Back ® rewards program, which turns customers into investors through their everyday purchases. Stash offers all-in-one subscriptions that prioritize affordability, accessibility, education and simplicity, and include personal investment accounts, Traditional and Roth IRAs, custodial investment accounts, banking services, checking accounts and debit cards. Since its launch in 2015, Stash has helped over 4.5 million Americans take control of their finances, avoid fees, and achieve their financial goals.