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newly announced infrastructure, Stash coreFacilitates Fintech’s Improved Stock Back Debit master Carda payment program that allows cardholders to earn shares in connection with daily purchases.
The patented rewards program is believed to be one of the first of its kind, tying regular purchases into stocks’ extraordinary rewards.
Co-founder and CEO of the company, Brandon Kriegupdated platform enables fintech to build personalized wealth powered by the best financial tools, customer service, and artificial intelligence (AI) for those who want to acquire equity and invest as they spend. , highlighting how we can provide
Krieg dedicates the platform to “everyday Americans looking to build long-term wealth with a trusted partner.”
Stash Core is supported by additional financial and technology partners Mastercard, stride Bank, Marketa, Manbu, alloy and about a dozen others.
Stash Core is the latest fintech launch following a year of over $125 million in annual revenue, with a 30% increase in weekly contributions over the past two years.
To date, Stash has delivered over 59 million equity awards, and going forward, fintech customers can earn up to four times more on the relaunched card.
The app currently manages approximately 2 million customers and approximately $3 billion in assets.
“The consumer-friendly features of Stash’s Stock-Back Debit Mastercard make it a very unique product,” commented. Jimmy stallPresident of Stride Bank Payments.
With Stash’s financial education, customers grow in knowledge and diversified investments, Stallings continues.
Our partnership with Stash represents a suite of innovative banking and money movement solutions enabled by Marqetas APIs that will continue to grow as Stash Core and Stock-Back Debit Mastercard grow and expand globally. We look forward to supporting you. Simon CarafeChief Product Officer of Marqeta.
New bank account benefits for Stash customers include the Stash Stock-Back Debit Mastercard. Automatic stash; zero overdraft fees. Direct deposit up to 2 days in advance. Savings and budgeting tools. Advanced mobile wallet features and contactless payments. Access to over 55,000 ATMs. Federal Deposit Insurance Corporation (FDIC) Offers up to $250,000 in insurance through Stride Bank, plus advanced security features such as Mastercard Global Services and Mastercard Zero Liability Protection.
Stash+ Tier customers can also receive 1% Stock-Back with every Stash Stock-Back Debit Mastercard purchase.
