CASHU

company

About

CASHU is a safe payment method designed for and customized to suit, serve, and support online shoppers.

  • 51 - 100

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$15M
Industries
E-Commerce,Finance,Financial Services,FinTech,Internet
Founded date
Jan 1, 2002
Number Of Employee
51 - 100
Operating Status
Active

CASHU is a safe payment method designed for and customized to suit, serve, and support online shoppers in all Arabic speaking and surrounding countries. It provides secure, accessible, and easy to use payment solutions, giving everyone the possibility to buy online without discriminating on income, nationality, or banking contacts. It is a payment platform that is built upon, and encapsulates the most sophisticated and up to date fraud prevention and AML systems reducing the risks associated with online payments for both buyers and sellers, which all allows for wider, safer, and faster consumer participation in e-commerce.


Over the years, CASHU has built a large network of approachable vendors creating its availability to its users and spread in thousands of spots across every country and city within MENA region. This huge network made easy to all online buyers to fund their CASHU accounts and spend these funds to buy online from those merchant who accepts CASHU as a payment option. It also helped thousands of merchants around the globe to grow businesses and to expand smoothly and securely in the MENA region offering their products and services to millions of buyers residing in this raw region.


CASHU was established in 2002 and is based in Dubai.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$15M
CASHU has raised a total of $15M in funding over 2 rounds. Their latest funding was raised on Oct 21, 2004 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 21, 2004 Series Unknown $15M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
CASHU is funded by 1 investors. JP Morgan are the most recent investors.
Investor Name Lead Investor Funding Round
JP Morgan Series Unknown