About Cashfac
Cashfac is a company based in London (United Kingdom) founded in 1992 by Paul Ormrod.. Cashfac has raised $11.44 million across 7 funding rounds from investors including Elderstreet Investments. Cashfac offers products and services including Virtual Account Management, Escrow Accounts, Payment Automation, Receivables Management, and Forward Cash Management. Cashfac operates in a competitive market with competitors including Modern Treasury, Kyriba, Reval, Finlync and Koxa, among others.
- Headquarter London, United Kingdom
- Founders Paul Ormrod
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Sectors
Financial ServicesTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Cashfac Initiative Limited
- Date of Incorporation 21 Dec, 1990
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.44 M (USD)
in 7 rounds
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Latest Funding Round
$92.52 K (USD), Unspecified
May 01, 2012
- Investors
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Employee Count
Employee Count
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Products & Services of Cashfac
Cashfac offers a comprehensive portfolio of products and services, including Virtual Account Management, Escrow Accounts, Payment Automation, Receivables Management, and Forward Cash Management. 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.
Manages pooled bank accounts as virtual ones for efficient client handling
Provides hosted solutions for secure remote escrow management
Automates payments with digital controls for regulatory compliance
Automates receipt processes for real-time visibility and efficiency
Offers real-time cash flow forecasting and matching capabilities
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Funding Insights of Cashfac
Cashfac has successfully raised a total of $11.44M across 7 strategic funding rounds. The most recent funding activity was a Unspecified round of $92.52 thousand completed in May 2012. 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Unspecified — $92,522
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2012 | Amount | Unspecified - Cashfac | Valuation |
investors |
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| Aug, 2011 | Amount | Unspecified - Cashfac | Valuation |
investors |
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| May, 2011 | Amount | Unspecified - Cashfac | Valuation |
investors |
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| 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 |
investors |
Investors in Cashfac
Cashfac has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Elderstreet Investments. 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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UK tech companies are invested in by Elderstreet.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cashfac
| 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 - Cashfac
| 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 |
investors |
Cashfac Comparisons
Competitors of Cashfac
Cashfac 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 Modern Treasury, Kyriba, Reval, Finlync and Koxa, 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 |
Payment processing and treasury management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based treasury automation and risk management solutions are provided.
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| domain | founded_year | HQ Location |
Accounting and Risk Management Software
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| domain | founded_year | HQ Location |
Delivers blockchain-based treasury management solutions to streamline business financial operations.
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| domain | founded_year | HQ Location |
Cloud-based accounting and treasury management solutions for businesses
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| domain | founded_year | HQ Location |
Treasury management software is provided for banks' financial operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
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 Cashfac
Frequently Asked Questions about Cashfac
When was Cashfac founded?
Cashfac was founded in 1992 and raised its 1st funding round 7 years after it was founded.
Where is Cashfac located?
Cashfac is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Cashfac a funded company?
Cashfac is a funded company, having raised a total of $11.44M across 7 funding rounds to date. The company's 1st funding round was a Unspecified of $23.17K, raised on Jun 01, 1999.
What does Cashfac do?
Founded in 1992 and headquartered in London, United Kingdom, Cashfac operates in the financial technology sector. A platform based on Virtual Bank Technology is utilized to support cash management for banks, corporates, and public sector entities. Key services encompass balance and transaction reporting, analytics tools, corporate virtual banking, employee benefits management, multibank cash handling, receivables management, supply chain cash solutions, and virtual accounts.
Who are the top competitors of Cashfac?
Cashfac's top competitors include Modern Treasury, Kyriba and Reval.
What products or services does Cashfac offer?
Cashfac offers Virtual Account Management, Escrow Accounts, Payment Automation, Receivables Management, and Forward Cash Management.
Who are Cashfac's investors?
Cashfac has 1 investor. Key investors include Elderstreet Investments.