About mCash
mCash is a Financial Services company based in St Helena (United States) founded in 2006, and was acquired by SpareBank 1 in October 2015. Affordable, stylish luggage is manufactured for business and leisure. mCash has raised $7 million across 1 funding round from investors including SpareBank 1, Entree Capital and Northzone. mCash offers products and services including mCASH Mobile Payment, mCASH Faktura, mCASH Money Transfer, mCASH Event Ordering, and mCASH Food Ordering. Its focus areas include FinTech, Payments, Consumer Payments and Wallets.
Company details
mCash was founded in 2006 and is located in St Helena, United States, within the luggage manufacturing sector. Hard and soft-sided luggage, backpacks, and duffel bags are designed and produced. Quality standards are upheld through control measures and material sourcing. Both premium and economical product lines are maintained. New styles are developed annually by the design team to reflect trends in materials and design.
- Headquarters St Helena, United States
- Stage Acquired
- SectorsFinancial Services
- Website mca.sh
- Social LinkedIn X Facebook
- Acquired by SpareBank 1 (Oct 2015)
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Series A
Feb 2014
- InvestorsSpareBank 1
& 2 more
- Acquired bySpareBank 1
(Oct 2015)
Products & Services of mCash
mCash offers a comprehensive portfolio of products and services, including mCASH Mobile Payment, mCASH Faktura, mCASH Money Transfer, mCASH Event Ordering, and mCASH Food Ordering.
Enables secure mobile purchases for kiosk items and tickets
Simplifies invoice payments and reduces paperwork
Facilitates quick sending and receiving of money
Allows pre-booking for concerts and festivals via mobile
Supports mobile ordering and pickup for restaurants
Funding Insights of mCash
mCash has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in February 2014. 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 $7M
- Total Rounds 1
- Last Round Series A — $7M
- First Round $7M
(Feb 2014)
- Investors Count 2
All 1 funding rounds of mCash 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 2014 | $7M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in mCash
mCash has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SpareBank 1, Entree Capital and Northzone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward pre-seed to Series C technology companies. | entreecap.com | London, United Kingdom | ||
Early-stage startups are funded by Northzone venture capital. | northzone.com | London, United Kingdom | ||
Commercial banking services are provided throughout Norway. | 2009 | sparebank1.no | Oslo, Norway |
Investor details for mCash
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of mCash
3 dated milestones of mCash across 9 years, from founding to its latest funding, stage changes and deals.
- Founded mCash is founded.
- Funding First funding round of $7.0M.
- Exit Acquired by SpareBank 1.
Web traffic of mCash
Websites that share an audience with mCash (mca.sh).
Websites whose visitors overlap most with mCash. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
purehelp.no | purehelp.no | 100% | #420,524 | – | |
aftenposten.no | aftenposten.no | 80% | #6,044 | – | |
dinside.no | dinside.no | 80% | #1,894,060 | – | |
dagen.no | dagen.no | 80% | #71,801 | – | |
e24.no | e24.no | 80% | #3,920 | – |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as mCash (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Mcash
Complete news archive for mCash
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Frequently Asked Questions about mCash
mCash was founded in 2006 and raised its 1st funding round 8 years after it was founded.
mCash is headquartered in St Helena, United States. It is registered at St Helena, California, United States.
mCash is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Feb 2014.
mCash was founded in 2006 and is located in St Helena, United States, within the luggage manufacturing sector. Hard and soft-sided luggage, backpacks, and duffel bags are designed and produced. Quality standards are upheld through control measures and material sourcing. Both premium and economical product lines are maintained. New styles are developed annually by the design team to reflect trends in materials and design.
mCash offers mCASH Mobile Payment, mCASH Faktura, mCASH Money Transfer, mCASH Event Ordering, and mCASH Food Ordering.
mCash has 3 investors. Key investors include SpareBank 1, Entree Capital, and Northzone.
Yes. mCash was acquired by SpareBank 1 in October 2015.