About CASHIN
CASHIN is a Financial Services company based in Riyadh (Saudi Arabia) founded in 2020 by Abdulkarim Zrik, Omar Alrammah, and Obay AlMadi. Virtual POS terminals for merchants and businesses. CASHIN has raised $17.6 million across 2 funding rounds from investors including BIM Ventures and Impact46. CASHIN has completed 1 acquisition, including Cardless. Its chief executive, as recorded, is Omar Alrammah. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its competitors include Geidea and Nearpay; 2 of its 2 listed competitors have raised funding.
Company details
CASHIN was established in 2020 in Riyadh, Saudi Arabia, within the fintech sector. Virtual POS terminals are supplied to merchants and businesses, facilitating acceptance of credit and debit card payments online. Invoicing solutions and e-invoices for offline operations are also included among the services. Operations focus on payment processing for commercial entities in the region.
- Total Equity Funding$17.6M (USD)
in 2 rounds
- Latest Funding Round$16M (USD), Series A
Feb 2026
- InvestorsBIM Ventures
& 1 more
- Investments & Acquisitions
Funding Insights of CASHIN
CASHIN has successfully raised a total of $17.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in February 2026. 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 $17.6M
- Total Rounds 2
- Last Round Series A — $16M
- First Round $1.6M
(Sep 2021)
- Investors Count 2
All 2 funding rounds of CASHIN with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $16M | Series A | – | Impact46 | – |
| Sep 2021 | $1.6M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in CASHIN
CASHIN has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include BIM Ventures and Impact46.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| bimventures.com | ||||
| impact46.sa |
Investor details for CASHIN
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of CASHIN
3 people are tracked at CASHIN (3 in leadership).
| Name | Role | Group |
|---|---|---|
Abdulkarim Zrik | Co-Founder & CTO | Leadership |
Omar Alrammah | Co-Founder & CEO | Leadership |
Obay AlMadi | Co-Founder | Leadership |
Complete people profiles for CASHIN
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by CASHIN
CASHIN has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cardless.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Payment processing services are provided to businesses in Saudi Arabia. | cardless.com.sa | Riyadh, Saudi Arabia | 2018 | Oct 2023 | •••• |
Complete acquisition details for CASHIN
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of CASHIN
4 dated milestones of CASHIN across 6 years, from founding to its latest funding, stage changes and deals.
- Founded CASHIN is founded.
- Funding First funding round of $1.6M.
- Acquisition Acquires Cardless.
- Funding Latest funding round, Series A, of $16.0M.
Competitors of CASHIN
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| geidea.net | 2008 | Riyadh, Saudi Arabia | $266.31M | 123 | POS and loyalty solutions are provided to retail merchants. | |
| nearpay.io | 2020 | Riyadh, Saudi Arabia | $20.3M | Software-enabled POS terminals are supplied to merchants for payment processing. |
Detailed competitors of CASHIN
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of CASHIN
The website of CASHIN (cashin.sa) receives about 5.3K visits a month.
- Monthly visits5.3K
▼ 74.9% vs previous month
Websites whose visitors overlap most with CASHIN. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wazen.sa | 100% | 22.3K | #1,066,246 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Cashin
Complete news archive for CASHIN
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about CASHIN
CASHIN was founded in 2020 and raised its 1st funding round 1 year after it was founded.
CASHIN is headquartered in Riyadh, Saudi Arabia.
Omar Alrammah is the CEO of CASHIN, as recorded in our data. They have also founded this company.
CASHIN is a funded company, having raised a total of $17.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Sep 2021.
CASHIN was established in 2020 in Riyadh, Saudi Arabia, within the fintech sector. Virtual POS terminals are supplied to merchants and businesses, facilitating acceptance of credit and debit card payments online. Invoicing solutions and e-invoices for offline operations are also included among the services. Operations focus on payment processing for commercial entities in the region.
CASHIN has made 1 acquisition, including Cardless.
CASHIN has 2 investors. Key investors include BIM Ventures, and Impact46.