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Grab agrees $425m deal to buy US fintech Stash

Deal set to close in Q3 2026.

Grab Holdings has signed definitive agreements to acquire 100% of Stash Financial, Inc.

Under the terms, Grab will acquire 50.1% of Stash at closing, at an enterprise value of $425m, and then purchase the remaining stake at fair market value over the three years following closing.

The transaction is subject to regulatory approvals and customary closing conditions and is expected to close in Q3 2026.

Grab said the payment at closing will be a mix of cash and stock, whilst the subsequent payments will be in cash and or stock at its discretion.

Grab said the deal would add recurring, high-margin subscription revenue and bring talent and technology through Stash’s AI-powered investing app, whilst Stash said it has more than $5b in assets under management, more than one million paying subscribers, and is adjusted EBITDA and cash-flow positive.

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