About CashWise
CashWise is a company based in Singapore (Singapore) founded in 2023 by Adrian Ma, Masahiro Morita, and Vidushan Premathiratne.. CashWise has raised $51.76 thousand across 1 funding round from investors including Tenity. CashWise offers products and services including Data Ingestion, Payables and Cash Management, Treasury Optimization, and Governance and Security. CashWise operates in a competitive market with competitors including IoTeX, Finastra, Bottomline Technologies, GTreasury and SunGard, among others.
- Headquarter Singapore, Singapore
- Founders Adrian Ma, Masahiro Morita, Vidushan Premathiratne
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Cashwise Pte. Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$51.76 K (USD)
in 1 rounds
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Latest Funding Round
$51.76 K (USD), Seed
Apr 03, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of CashWise
CashWise offers a comprehensive portfolio of products and services, including Data Ingestion, Payables and Cash Management, Treasury Optimization, and Governance and Security. 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.
AI processes bills and extracts key financial data.
Manages payables with automatic cash flow projections.
Maximizes returns on idle cash while maintaining liquidity.
Provides approval workflows for secure financial operations.
Funding Insights of CashWise
CashWise has successfully raised a total of $51.76K through 1 strategic funding round. The most recent funding activity was a Seed round of $51.76 thousand completed in April 2024. 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 1
- Last Round Seed — $51,764
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First Round
First Round
(03 Apr 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - CashWise | Valuation | Tenity |
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| 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 |
Investors in CashWise
CashWise has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Tenity. 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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Early-stage investor, accelerator & incubator focused on the future of finance
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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 CashWise
| 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 - CashWise
| 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 |
Cashwise Comparisons
Competitors of CashWise
CashWise 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 IoTeX, Finastra, Bottomline Technologies, GTreasury and SunGard, 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 |
Blockchain-based connectivity for IoT applications is facilitated.
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| domain | founded_year | HQ Location |
Financial software solutions for lending, payments, and banking are provided.
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| domain | founded_year | HQ Location |
Cloud-based treasury management and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Treasury management system provider
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| domain | founded_year | HQ Location |
Enterprise Software
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| domain | founded_year | HQ Location |
Payment and treasury management solutions are provided for businesses.
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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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Frequently Asked Questions about CashWise
When was CashWise founded?
CashWise was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is CashWise located?
CashWise is headquartered in Singapore, Singapore.
Is CashWise a funded company?
CashWise is a funded company, having raised a total of $51.76K across 1 funding round to date. The company's 1st funding round was a Seed of $51.76K, raised on Apr 03, 2024.
What does CashWise do?
CashWise was founded in 2023 in Singapore as a treasury management platform targeting businesses. Operations center on automating cash flow data processing and channeling idle funds into money markets. Fund transfers and associated activities are coordinated to limit errors, streamline processes, and improve returns. Financial stability is ensured for clients operating in the region through these services.
Who are the top competitors of CashWise?
CashWise's top competitors include IoTeX, Bottomline Technologies and Finastra.
What products or services does CashWise offer?
CashWise offers Data Ingestion, Payables and Cash Management, Treasury Optimization, and Governance and Security.
Who are CashWise's investors?
CashWise has 1 investor. Key investors include Tenity.