Hubert Burda Media has participated in a $16m series C round for StashAway, bringing its total funding to more than $36m.

Malaysia-based digital wealth management platform StashAway has closed a $16m series C round backed by Burda Principal Investments, the growth capital unit of media and technology group Hubert Burda Media. Square Peg Capital led the round, which also attracted Eight Roads Ventures, a venture capital firm spun off from investment and financial services group Fidelity.…

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