Original Content
The deal is set to close in the third quarter, when Grab will pay $425 million to acquire a majority interest in the fintech, then buy the rest at market value over the next three years.
Singapore super-app Grab to acquire US fintech Stash
AI Summary
Grab will acquire a majority interest in Stash for $425 million and the remaining shares over three years; no explicit mention of Texas or Texas-specific entities.
Texas Relevance
The article does not mention any Texas-specific credit unions, TCUD, or Texas regulations. The acquisition is between international companies and does not have direct implications for Texas credit unions.