Stash, a financial-technology startup that focuses on banking and investing for the masses, has named Liza Landsman, former president of Jet.com, to its board.
Stash, a financial-technology startup that focuses on banking and investing for the masses, has named Liza Landsman, former president of Jet.com, to its board.
Brandon Krieg, co-founder and chief executive officer of Stash, said that Liza understands the vast population of American consumers and the tools they need to improve their lives. He added that her experience across tech, finance, and retail, and commitment to keeping customers’ needs front-and-center, will help guide the company on its mission to support Americans on their journeys to stronger financial futures.
Landsman, who is a general partner at the venture capital firm NEA, has joined former Lyft Inc. executive Jon McNeill as Stash's second independent director. Before she worked at Jet.com, she held roles at Citigroup Inc., BlackRock Inc., and E*Trade Financial, among other organizations.
"Stash is changing the way millions of Americans think about and interact with money," she said in a statement.
Stash reports that it has more than 2 million active subscribers who regularly contribute an average of $30 toward their savings. The company recently announced that it has surpassed $125 million in annualized recurring revenue.
The startup announced last month that crypto investments were available on its platform, and has now named Kate Ring as chief compliance officer. Ring is a former LPL Financial executive.
Last year, the company explored options for going public, according to Bloomberg News. Stash's investors include Todd Boehly's Eldridge Industries, LendingTree, Coatue Management, and funds advised by T. Rowe Price Group Inc.
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