Downloads
100M+
User Ratings
4.5
Category
Finance
Headquarters
New York, United States
What is Stash? A Quick Glance On The Banking App
“Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
Investments are always for the better tomorrow.
Stash is the best banking app for beginners for all those who are looking for automatic investing options. Also, the users get the freedom to choose their own investment options.
Another best part of this investment app is that any user can invest in thousands of fractional shares with any dollar amount.
In fact, with Stash, you will start investing more with each month. It will also offer guidance to the ones who are at the initial stage of their investment. However, take a note of the point that Stash only guides you for the investment but does not manage it for you.
Adding more to it, there are no trade fees or commissions by the Stash App. n
If you’re planning to build a finance app, then taking inspiration from the Stash app is worth it.
How Does Stash App Work?
We’ve come across this question many times about how to use Stash, and what is its procedure.
Let’s get into it!
Opening an investing account with Stash is a seamless process. You can log in into the Stash app via your email id and password. Additionally, you need to provide a social security number and mailing address to the application.
This banking app also asks you a number of questions about your investing goals and the level of risk you want to take.
Moreover, you have a choice to select the average duration in which you want to use the funds. The selection options are as given below.
Stash offers three plans (Beginner($1), Growth($3), and Stash+($9)), that charges you a monthly fee.
Again, based on your risk level, your money is invested in the below given EFTs:
An average ratio of these six funds listed above is approximately 0.06%.
ScreenShots of the Stash App
You must have a look at the UI/UX design of the Stash app, which makes it lucrative and easy to navigate for the users.
Feature of Stash App
Here is a list of the stunning features of the Stash app.
Here’s Something Really Amazing That Excellent Webworld Likes About Stash App
After deep research and analysis, we’ve come across the two most amazing functionalities that we liked about the Stash app. Here are the details accordingly,
Stash-Stock Back Program
Stash comes with digital investment parties, wherein you can invest and earn a bonus. Also, the various automatic investment tools help you in investing the perfect amount. Stash stock back program encourages you to invest more, and that ultimately sounds profitable to you.
Fractional Shares
You might have observed that the individual price of some stocks is immeasurable. However, Stash lets you buy a share in small pieces. And, that’s called fractional shares. It is one of the best types of investing for all those who do not have loads of money. In fact, you can also invest as little as 1 cent in a share.
What is the Cost of Developing an App Like Stash?
Finance apps have become a new normal for most people across the globe. Hence, developing an app for your present organization or startup is a good start in this digital era. However, we cannot give you an exact cost of mobile app development as each app varies based on the requirements. Here is a range of costs for the banking app development $15,000 to $70000.
So, are you planning to build a finance app like Stash for your organization or startup? If yes, you have come to the right place. Excellent Webworld is an experienced finance app development company that serves you with the best app solutions for your app idea.
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FAQs About Stash App
How does Stash work for beginners?
Stash is one of the best personal finance investing apps for beginners. It will guide you through the best possible way in the initial phase of your investments. In fact, it also allows you to make a fractional investments in case of a shortage of money.
Is Stash a legit app?
Yes, the Stash app lets you make investments with minimal barriers. Besides, this banking app is backed by the Green Dot Bank and is registered as an investment advisor.
Is Stash a good way to make money?
Yes, Stash is one of the best ways to make money from your investment. Especially, if you’re a beginner then you must opt for Stash App.