About Qashio
Qashio is a company based in Dubai (United Arab Emirates) founded in 2021 by Armin Moradi and Jonathan Lau. It operates as a FinTech and Subscription Services. Qashio has raised $32.3 million across 5 funding rounds from investors including Al-Enma Bank, Plug and Play Tech Center and One Way Ventures. Qashio has completed 1 acquisition, including Sanad Cash. Qashio offers products and services including Qashio Spend, Qashio Points, Qashio Corporate Credit, and Qashio Insurance. Qashio operates in a competitive market with competitors including Sodexo, Concur, The Mint Corporation, AceBot and Tmam, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Armin Moradi, Jonathan Lau
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Sectors
TechnologyTravel & Hospitality Financial Services
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Phone
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Website
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Social
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- Legal Name Qashio For Computer Systems Cest Co. Llc
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$32.3 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
Al-Enma Bank
& 14 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Qashio
Qashio offers a comprehensive portfolio of products and services, including Qashio Spend, Qashio Points, Qashio Corporate Credit, and Qashio Insurance.
Corporate expense management with smart card creation offered.
Rewards program converting points to miles or cashback.
Quick financing provided through strategic lending partnerships.
Digitized business insurance solutions offered at competitive rates.
Funding Insights of Qashio
Qashio has successfully raised a total of $32.3M across 5 strategic funding rounds. 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.
Investors in Qashio
Qashio has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Al-Enma Bank, Plug and Play Tech Center and One Way Ventures.
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Venture capital firm investing in companies founded by immigrants.
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Private equity and funds of funds focused on early to mature stage companies and multiple funds
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Investor details for Qashio
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Investments & Acquisitions by Qashio
Qashio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sanad Cash.
Investment portfolio details for Qashio
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of employee benefit services
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Locked | Locked | 2020 | Locked |
Complete acquisition details for Qashio
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Financial Statements - Qashio
Detailed financials for Qashio
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Qashio Comparisons
Peer comparison for Qashio
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Competitors of Qashio
Qashio 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 Sodexo, Concur, The Mint Corporation, AceBot and Tmam, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Employee benefits payment cards are provided via an online platform.
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Corporate travel expenses and invoices are managed via SaaS platform.
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POS solutions, bill aggregation, and prepaid payroll cards are provided.
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AceBot is a platform offering productivity bots for Slack to boost team efficiency.
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Expense and spend management solutions are offered to businesses.
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Detailed competitors of Qashio
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Latest news on Qashio
Complete news archive for Qashio
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Frequently Asked Questions about Qashio
Qashio was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Qashio is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Armin Moradi is the current CEO of Qashio. They have also founded this company.
Qashio is a funded company, having raised a total of $32.3M across 5 funding rounds to date.
Qashio is established as a financial technology company offering comprehensive spend management solutions. Services are provided across various industries including retail, hospitality, and technology. Corporate cards, expense tracking, and rewards programs are integrated to streamline financial operations. Solutions are tailored for roles such as finance managers and C-suite executives. Operations are supported in multiple countries with a focus on automation and ERP integrations.
Qashio's top competitors include Concur, Sodexo and The Mint Corporation.
Qashio offers Qashio Spend, Qashio Points, Qashio Corporate Credit, and Qashio Insurance.
Qashio has made 1 acquisition, including Sanad Cash.
Qashio has 15 investors. Key investors include Al-Enma Bank, Plug and Play Tech Center, One Way Ventures, Cadorna Ventures, and Sanabil.