About Kashet
Kashet is a company based in London (United Kingdom) founded in 2018 by Chris Jones and Neil Kirk.. Kashet has raised $6.67 million across 1 funding round from investors including Trifork. The company has 4 employees as of December 31, 2021. Kashet offers products and services including Kashet App. Kashet operates in a competitive market with competitors including Monese, Zvilo, Fortu, Interpolitan Money and AltPay, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 31 Dec, 2021
- Founders Chris Jones, Neil Kirk
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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 Kashet Ltd
- Date of Incorporation 02 May, 2019
- 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
$6.67 M (USD)
in 1 rounds
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Latest Funding Round
$6.67 M (USD), Series A
Apr 04, 2023
- Investors
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Employee Count
4
as on Dec 31, 2021
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Products & Services of Kashet
Kashet offers a comprehensive portfolio of products and services, including Kashet App. 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.
App for managing finances, payments, and digital currencies securely.
Funding Insights of Kashet
Kashet has successfully raised a total of $6.67M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.67 million completed in April 2023. 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 Series A — $6.7M
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First Round
First Round
(04 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - Kashet | Valuation | Trifork |
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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 Kashet
Kashet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Trifork. 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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IT advisory and custom applications are supplied for various sectors.
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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 Kashet
| 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 - Kashet
| 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 |
Kashet Comparisons
Competitors of Kashet
Kashet 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 Monese, Zvilo, Fortu, Interpolitan Money and AltPay, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Digital banking services are offered to high-net-worth individuals and businesses.
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| domain | founded_year | HQ Location |
Provides multi-currency accounts, cross-border payments, and escrow for individuals and businesses.
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| domain | founded_year | HQ Location |
Internet-first bank
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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 Kashet
Frequently Asked Questions about Kashet
When was Kashet founded?
Kashet was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Kashet located?
Kashet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Kashet?
Neil Kirk is the current CEO of Kashet. They have also founded this company.
Is Kashet a funded company?
Kashet is a funded company, having raised a total of $6.67M across 1 funding round to date. The company's 1st funding round was a Series A of $6.67M, raised on Apr 04, 2023.
How many employees does Kashet have?
As of Dec 31, 2021, the latest employee count at Kashet is 4.
What does Kashet do?
Founded in 2018 and based in London, United Kingdom, Kashet operates as an internet-first bank in the fintech sector. Digital accounts are opened online, and services include transfers between digital and traditional currencies, international payments, savings options, deposits, credit and debit cards, and financial management tools. Existing bank accounts can be linked for viewing, payments, or oversight through the platform.
What products or services does Kashet offer?
Kashet offers Kashet App.
Who are Kashet's investors?
Kashet has 1 investor. Key investors include Trifork.
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