What happens to my money if StashAway gets acquired, goes public, or closes?
Your money is kept unmingled with StashAway's finances. To ensure that we never touch your money, we use custodian banks that hold your money, whether it's in cash or in securities. StashAway made it a top priority to work with global, reputable banks for these purposes.
Our custodian bank for cash is HSBC. Citibank is our custodian bank for securities.
In these custodian banks, your money is always in a segregated account-- one that is separate from StashAway's operations and assets.
This means that you will always have full access and claim to your assets no matter what happens to StashAway.