OBSERVATIONS FROM THE FINTECH SNARK TANKIn a new round of funding, fintech startup Stash received $65 million from investors. The Stock-Back rewards program gives consumers a micro-investment in companies every time they shop [there] using the Stash card. The reward rate on those purchases would have infinitely better than you could have received from any other debit card. Stash's stock-back card will definitely appeal to a segment of its current user base. But startups like Stash will need that $65 million--and more--to compete in the broader banking market as their strategies evolve.

Source: Forbes March 14, 2019 12:45 UTC