Cashually is a London and Barcelona-based startup, founded in 2013, that offers a mobile app for peer-to-peer payments. With the slogan "A sleek, hassle-free way to send and receive money directly from your mobile. Fast, secure, and absolutely free. Available now across major app stores," Cashually focuses on facilitating transactions between friends, embodying the essence of what mobile payments should be: fully mobile, quick, straightforward, secure, and free. The app does not require users to have bank accounts, codes, or go through complex processes.
In March 2015, Cashually secured a €172.05K Equity Crowdfunding investment, a significant milestone for the company's growth and expansion. Presently, Cashually is an authorized e-money agent by the FCA and is available for download in the Spanish AppStore and Google Play. Having launched its services in Spain in July 2014, the company has plans to extend its offerings to other EU countries, tapping into the expansive market of peer-to-peer payments and fintech services.
As the mobile payments and peer-to-peer transactions space continues to evolve, Cashually's strategic positioning and commitment to user convenience and security present a promising opportunity for venture capital investment. With its innovative approach and demonstrated success in the Spanish market, Cashually could attract further investment and solidify its position as a leader in the evolving landscape of mobile financial services.
