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Stash boosted deposits by 19%

Blog post from Plaid

Post Details
Company
Date Published
Author
Marc Andrusko
Word Count
160
Company Posts That Month
11
Language
English
Hacker News Points
-
Post removed?
No
Summary

Stash, a popular investing app in the US, has boosted its deposits by 19% after partnering with Plaid, an external provider that enables users to securely link their outside financial accounts. To address slow and error-prone microdeposits and a low conversion rate, Stash sought a simpler alternative. By integrating with Plaid, Stash can now provide customers with easy access to its suite of products, including investing, banking, education, and financial advice, at an affordable membership starting at just $1 a month. This integration has significantly improved the onboarding experience for millions of Americans who want to invest in themselves but may not know where to start.

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