Cashew is a UK-based startup founded in 2018, specializing in enabling banks to enhance their mobile applications and transform them into payment tools. The company's slogan "Cashew allows banks to upgrade their mobile applications and turn them into payment tools with PoS financing services" underscores its core offering. This includes providing value-added services for customers, facilitating online and offline purchases, and offering point-of-sale financing. With a focus on mobile payments, FinTech, SAAS platform, and open banking, Cashew stands at the intersection of various industries including E-commerce, Mobile, and Banking. In April 2020, Cashew secured a Pre Seed Round investment with Kirill Voloshin as the investor. Notably, the startup aims to streamline transactions by enabling direct payments at a significantly reduced commission rate of 0.5%. As the company continues to gain traction in the market, its innovative approach and focus on the evolving landscape of mobile and banking technologies position it as an intriguing prospect for venture capital investment.
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