Stash Is Said to Work With Advisers on Options Including a Sale

Consumer finance startup Stash is hiring investment bankers to explore options, including a financing or a sale, according to people familiar with the matter.

The company hasn’t made a final decision and a sale isn’t imminent, said the people, who asked not to be identified because the details were private.

“We are pursuing new financing like many companies on the verge of profitability,” a spokesperson for Stash responded in an emailed statement. “We also always responsibly vet valid opportunities when they arise.”

Liza Landsman, chief executive officer of Stash, at the Collision conference in Toronto in June

Photographer: Chloe Ellingson/Bloomberg

Stash is a popular consumer finance app that counts 2 million active subscribers. It has multiple offerings ...