Cassbana logo — Backed by Community, Banked By Trust.

Cassbana

Backed by Community, Banked By Trust.

Founded 2020 Egypt Egypt 80 employees Private Equity Total: $3.00M AI, Financial Services

General Information

Company Name Cassbana
Founded Year 2020
Location Egypt Egypt
Founders / Decision Makers
Team member
Employees 80
Industries AI, Financial Services
Funding Stage Private Equity
Social

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About Cassbana

Cassbana is a 2020-founded startup based in Egypt that is disrupting the traditional financial services industry with its innovative approach. The company's slogan, "Backed by Community, Banked By Trust," reflects its mission to empower underserved communities in Egypt by providing them with access to financial services through micro-lending. Cassbana's core offering revolves around building financial identities for the underserved and creating a behavior-based scoring system. This approach not only addresses the financial needs of the marginalized population but also positions Cassbana as a future-oriented, data-based financial advisory collective. In recognition of its potential, Cassbana secured a significant $2.00M investment in a Private Equity Round on 01 November 2022, with the funding coming from British International Investment. This investment serves as a testament to the confidence that notable investors have in Cassbana's vision and potential impact in reshaping the financial landscape in Egypt. As the company continues to gain traction and expand its reach, its focus on leveraging technology to drive financial inclusivity positions it as a noteworthy player in the Financial Services industry. Cassbana's commitment to creating positive social and economic change through its innovative solutions makes it a compelling prospect for investors seeking impactful opportunities in emerging markets.

Business keywords: micro-lending, financial inclusion, technology solution, credit scoring, underserved communities, Egyptian market, data-based financial advisory, community-backed, trustworthy banking, behavior-based scoring, startup, investment opportunity

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $2.00M 1
British International Investment
01 Nov 2022
Series A Undisclosed -
01 Jun 2022
Seed Round Undisclosed 2
Access Bridge Ventures, COTU Ventures
01 Mar 2021
Pre Seed Round $1.00M 6
Access Bridge Ventures, Disruptech Ventures +4
04 Jan 2021

Cassbana Alternatives & Competitors

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FAQ About Cassbana

Backed by Community, Banked By Trust.
Cassbana was founded in 2020.
Cassbana is headquartered in Egypt.
Cassbana operates in AI and Financial Services. Its work centres on micro-lending, financial inclusion, technology solution and credit scoring.
Cassbana has approximately 80 employees.
Cassbana has completed 4 funding rounds, raising a total of $3.00M. The latest funding stage is Private Equity.
Top alternatives and competitors to Cassbana include Flowcast, Finexos, CARDO AI, ConfirmU, Tail and Skew. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cassbana and Flowcast are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cassbana, https://bouncewatch.com/company/cassbana, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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