Hubert Burda Media has participated in a $16m series C round for StashAway, bringing its total funding to more than $36m.
Malaysia-based digital wealth management platform StashAway has closed a $16m series C round backed by Burda Principal Investments, the growth capital unit of media and technology group Hubert Burda Media.
Square Peg Capital led the round, which also attracted Eight Roads Ventures, a venture capital firm spun off from investment and financial services group Fidelity.
Founded in 2016, StashAway runs a digital wealth management platform aimed at retail and accredited investors, offering automated, personalised portfolio management.
The series C funding…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
