Grab to acquire Stash Financial for $425m.

Grab, a Singaporean multinational technology company, agreed to acquire Stash Financial, a digital financial services company, for $425m. "This is a milestone in Grab’s evolution as a trusted international provider of financial services. This acquisition brings more than just recurring, high-margin subscription revenue; we will strengthen Grab’s fintech knowhow with Stash’s AI-powered investing app, designed with existing U.S. regulatory requirements at its core. While we remain operationally focused on Southeast Asia and scaling our regional loanbook, this move reinforces our mission of democratizing financial services for everyone," Anthony Tan, Grab CEO and Co-Founder.