US fintech Stash lands $40m in funding and appoints Amy Butte as independent audit chair

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Stash raises $40 million in new funding:

  • Led by funds advised by T. Rowe Price, with participation from existing investors.
  • Follows previous rounds of funding, totaling over $500 million since 2015.
  • Aims to fuel the company’s growth and enhance rigor and transparency.

Amy Butte appointed as Stash’s independent audit chair:

  • Responsible for financial reporting and auditing to enhance transparency.
  • Brings extensive experience from high-profile board positions.
  • Previously led the NYSE transition to a for-profit public company.

Stash’s recent developments:

  • CEO Liza Landsman emphasizes the company’s profitability and revenue growth.
  • Appointed Chien-Liang Chou as CTO and launched a self-built core banking system.
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