GRAB Announces Acquisition of U.S. Digital Investing Platform Stash to Accelerate Global Financial Services Expansion

NewTimeSpace News, according to an announcement filed with the Singapore Exchange on February 12, Southeast Asian superapp GRAB HOLDINGS LIMITED announced that it has signed a definitive agreement to acquire 100% equity interest in U.S.-based digital financial services firm Stash Financial, Inc. The transaction values Stash at an enterprise value of US$425 million and is expected to close in the third quarter of 2026.

NewTimeSpace News: On February 12, 2026,GRAB HOLDINGS LIMITED released announcements simultaneously in Singapore and New York, disclosing key details of the acquisition. Following the closing, Stash will continue to operate as an independent brand in the United States, with its existing management team and business model remaining unchanged.

As stated in the announcement, the equity acquisition will be conducted through an installment payment structure: Upon closing,GRAB will pay for 50.1% of Stash’s equity at an enterprise value of US$425 million, using a combination of cash and stock; the remaining 49.9% of the equity consideration will be paid based on the fair market value over three years after the closing.

Anthony Tan, Group Chief Executive Officer and Co-Founder ofGRAB HOLDINGS LIMITED, stated that this acquisition marks a significant milestone forGRAB in becoming a trusted international provider of financial services. It will not only bring recurring high-margin subscription revenue but also strengthenGRAB’s fintech capabilities by leveraging Stash’s AI-powered investing technology that complies with U.S. regulatory requirements.

Brandon Krieg, Co-Founder and Co-Chief Executive Officer of Stash, commented that joining theGRAB ecosystem validates Stash’s mission of democratizing financial services.GRAB’s experience in ecosystem building and user data application will help Stash accelerate growth in the U.S. market, while leveragingGRAB’s resources to drive the large-scale implementation of personalized AI-driven financial guidance services. It is reported that following the closing, Stash will continue to be led by Co-Founders including Brandon Krieg and Ed Robinson, maintaining independent operations.

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