Fintech Stackin has raised $4 million from 13 different investors, according to a Form D filed with the Securities and Exchange Commission. According to Crunchbase, Stackin has now raised $7 million in total.
Stackin is a steath bank like app that is described as your “BFF for money,” providing savings and investing services including advice and encouragement as to how to manage your funds. The millennial-friendly app reports that its service has signed up over 500,000 users.
Like most all other Fintechs looking to challenge established banks, Stackin has partnered with a regulated bank Radius to provide their services. This partnership comes minus the typical fees most banks attempt to charge users for their service.
Stackin was co-founded by Scott Grimes, an entrepreneur who previously found success with media concepts like Brobible.
