About Cashalo
Cashalo is a company based in Cabanatuan City (Philippines) founded in 2017 by Patrick Zulueta was acquired by Empower in April 2024.. Cashalo offers products and services including Cash Loan and Lazada Loan. Cashalo operates in a competitive market with competitors including SAVii, Binixo and BADEVCO, among others.
- Headquarter Cabanatuan City, Philippines
- Founders Patrick Zulueta
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Paloo Financing, Inc.
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Products & Services of Cashalo
Cashalo offers a comprehensive portfolio of products and services, including Cash Loan and Lazada Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers digital cash loans for personal financial needs.
Enables loans for online purchases on the Lazada platform.
Funding Insights of Cashalo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Cashalo
Cashalo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tilt. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Automated financial services are delivered through a mobile-first platform.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cashalo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cashalo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cashalo Comparisons
Competitors of Cashalo
Cashalo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SAVii, Binixo and BADEVCO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of Payday Loans
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Acts as a direct lender for payday loans.
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Functions as an online platform for payday loans services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cashalo
Frequently Asked Questions about Cashalo
When was Cashalo founded?
Cashalo was founded in 2017.
Where is Cashalo located?
Cashalo is headquartered in Cabanatuan City, Philippines. It is registered at Cabanatuan City, Nueva Ecija, Philippines.
Who is the current CEO of Cashalo?
Patrick Zulueta is the current CEO of Cashalo. They have also founded this company.
What does Cashalo do?
Cashalo is an online payday loan app. Offers loans ranging from 2,000 - 10,000 for a period ranging from 15 days to 45 days with a monthly interest rate of 3.95. Users need to download the app and register themselves by providing their basic details. Once approved, users get their funds within 24 hours. The app also offers loans to users without a bank account. The app collates and analyzes hundreds of alternative data points on consumer behavior to develop credit and risk assessments. Charges a 4 processing fee to users.
Who are the top competitors of Cashalo?
What products or services does Cashalo offer?
Cashalo offers Cash Loan and Lazada Loan.
Who are Cashalo's investors?
Cashalo has 1 investor. Key investors include Tilt.