About Cashew Payments Technology
Cashew Payments Technology is a company based in Dubai (United Arab Emirates) founded in 2019 by Ibtissam Ouassif and Ammar Afif. Cashew Payments Technology has raised $10 million across 2 funding rounds from investors including Shaker Group and Mashreq Bank. Cashew Payments Technology offers products and services including Cashew App, Financing, Payments, and Hub. Cashew Payments Technology operates in a competitive market with competitors including Tabby, Tamara, Postpay, Spotii and Lazzypay, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Ibtissam Ouassif, Ammar Afif
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Cashew Technology Software L.L.C.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Shaker Group
& 1 more
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Employee Count
Not available
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Products & Services of Cashew Payments Technology
Cashew Payments Technology offers a comprehensive portfolio of products and services, including Cashew App, Financing, Payments, and Hub.
Enables buy now pay later and payment management for users.
Offers flexible repayments for larger purchases up to 12 months.
Allows splitting costs into interest-free installments.
Facilitates bill monitoring and spending insights for users.
People of Cashew Payments Technology
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Funding Insights of Cashew Payments Technology
Cashew Payments Technology has successfully raised a total of $10M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cashew Payments Technology
Cashew Payments Technology has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Shaker Group and Mashreq Bank.
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Consumer electronics and appliances are distributed by Shaker Group.
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Commercial banking services are offered to individuals and businesses internationally.
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Investor details for Cashew Payments Technology
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Investments & Acquisitions by Cashew Payments Technology
Investment portfolio details for Cashew Payments Technology
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Financial Statements - Cashew Payments Technology
Detailed financials for Cashew Payments Technology
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Cashew Payments Technology Comparisons
Peer comparison for Cashew Payments Technology
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Competitors of Cashew Payments Technology
Cashew Payments Technology 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 Tabby, Tamara, Postpay, Spotii and Lazzypay, among others.
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Purchase financing solutions are offered to businesses via installment payments.
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Buy-now-pay-later installment solutions are provided for retail shoppers.
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Developer of an online platform for point-of-sale financing
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Purchase financing solutions are offered to customers for installment payments.
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Offers payment financing solutions for shoppers to enhance purchasing experiences.
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Detailed competitors of Cashew Payments Technology
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Latest news on Cashew Payments Technology
Complete news archive for Cashew Payments Technology
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Frequently Asked Questions about Cashew Payments Technology
Cashew Payments Technology was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Cashew Payments Technology is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Ammar Afif is the current CEO of Cashew Payments Technology. They have also founded this company.
Cashew Payments Technology is a funded company, having raised a total of $10M across 2 funding rounds to date.
Cashew Payments Technology was founded in 2019 in Dubai, United Arab Emirates. A point-of-sale financing platform is provided, enabling payments to be divided into interest-free installments over three, six, or twelve months. Operations support checkout processing, in-store transactions via QR codes, and remote payments through links, serving the fintech sector in the region.
Cashew Payments Technology offers Cashew App, Financing, Payments, and Hub.
Cashew Payments Technology has 2 investors. Key investors include Shaker Group, and Mashreq Bank.