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
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Net Profit
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EBITDA
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Total Equity Funding
$32.3 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Al-Enma Bank
& 14 more
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Employee Count
Employee Count
- 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. 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.
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(16 Feb 2022)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Debt – Conventional - Qashio | Valuation |
investors |
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| May, 2025 | Amount | Debt – Conventional - Qashio | Valuation |
investors |
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| May, 2025 | Amount | Series A - Qashio | Valuation | Rocketship |
| 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 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. 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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Venture capital firm investing in companies founded by immigrants.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity and funds of funds focused on early to mature stage companies and multiple funds
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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 Qashio
Qashio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sanad Cash. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of employee benefit services
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Qashio
| 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 |
Qashio Comparisons
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. 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 |
Employee benefits payment cards are provided via an online platform.
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| domain | founded_year | HQ Location |
Corporate travel expenses and invoices are managed via SaaS platform.
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| domain | founded_year | HQ Location |
POS solutions, bill aggregation, and prepaid payroll cards are provided.
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| domain | founded_year | HQ Location |
AceBot is a platform offering productivity bots for Slack to boost team efficiency.
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| domain | founded_year | HQ Location |
Expense and spend management solutions are offered to 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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Latest news on Qashio
Frequently Asked Questions about Qashio
When was Qashio founded?
Qashio was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Qashio located?
Qashio is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Qashio?
Armin Moradi is the current CEO of Qashio. They have also founded this company.
Is Qashio a funded company?
Qashio is a funded company, having raised a total of $32.3M across 5 funding rounds to date.
What does Qashio do?
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.
Who are the top competitors of Qashio?
Qashio's top competitors include Concur, Sodexo and The Mint Corporation.
What products or services does Qashio offer?
Qashio offers Qashio Spend, Qashio Points, Qashio Corporate Credit, and Qashio Insurance.
How many acquisitions has Qashio made?
Qashio has made 1 acquisition, including Sanad Cash.
Who are Qashio's investors?
Qashio has 15 investors. Key investors include Al-Enma Bank, Plug and Play Tech Center, One Way Ventures, Cadorna Ventures, and Sanabil.
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