CASHU

The first & largest FinTech Company in MENA offering innovative solutions that meet users' day-to-day financial needs.

General Information
Company Name
CASHU
Founded Year
2002
Location (Offices)
Virgin Islands (british) +1
Founders / Decision Makers
Number of Employees
32
Industries
E-Commerce, Finance, Financial Services +2
Funding Stage
Series Unknown
Social Media

CASHU - Company Profile

CASHU, as the first and largest FinTech company in the MENA region, has been providing innovative solutions to meet the day-to-day financial needs of its users since its launch in 2002. With over 2.7 million users, the platform offers secure and accessible prepaid payment methods available at over 300,000 points of sale across the region. This accessibility enables consumers to top-up their digital wallets and make online payments, either directly to merchants or on millions of websites that accept credit card payments. CASHU's impact extends beyond the MENA region, as it is currently accepted by over 7,000 online merchants worldwide. This has enabled businesses to reach millions of unbanked consumers in the region, facilitating business growth and expansion in a secure manner. The company's vision of leading the world towards a cashless society aligns with its mission to provide simple, safe, and innovative solutions for managing day-to-day payment needs. The last investment round, which occurred on 21st October 2004, amounted to $15.00M and involved prominent investors such as Viola Ventures, Greylock, JP Morgan, and Fidelity Ventures. With a focus on e-commerce, finance, financial services, fintech, and the internet, CASHU's innovative approach and widespread reach position it as a significant player in the evolving landscape of financial technology.

Taxonomy: FinTech, Online Payment, Digital Wallets, E-Wallets, Prepaid Cards, Payment Solutions, Digital Payments, Fraud Prevention, AML Systems, MENA Region, Online Merchants, Financial Inclusion, Cashless Society, Mobile Payment

Funding Rounds & Investors of CASHU (1)

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Funding Stage Amount No. Investors Investors Date
Venture Round $15.00M 4 Greylock, JP Morgan +1 21 Oct 2004

Latest News of CASHU

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No recent news or press coverage available for CASHU.

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