London, United Kingdom
Cashew Fintech, founded in 2018 and headquartered in the United Kingdom, provides an innovative solution for banks looking to enhance their mobile application offerings. With the slogan "Cashew allows banks to upgrade their mobile applications and turn them into payment tools with PoS financing services," the company aims to transform banking apps into robust payment platforms that include point-of-sale financing services.
Operating at the intersection of E-Commerce, Mobile, and Banking, Cashew's SAAS platform facilitates both online and offline transactions, enabling direct payments with reduced commission rates as low as 0.5%. The platform emphasizes Open Banking, aligning with modern financial technology trends.
The startup last secured a Pre Seed Round investment on 01 April 2020, with backing from investor Kirill Voloshin. As Cashew Fintech continues to evolve, it presents an attractive proposition for investors in the rapidly growing fintech sector.
