CashU

paymentsmobile/digital wallet

STATUS: Acquired/Merged
FOUNDING YEAR: 2002
LOCATION:
Last Update: 04/07/2020

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About

CashU was acquired by Genero Capital on 22 Dec, 2015, it is a prepaid online and mobile payment method available in the Middle East and North Africa, a region with very limited access to credit cards.

Focus

PRODUCTS & SERVICES

Online Payments

REVENUE MODEL

CashU adopts a commission based revenue model.

MAIN CLIENTS

Retail Online Consumers

Merchants

Vendors

EXISTING PARTNERSHIPS

eMerchant Pay,Jazeera Airways

Traction

ACTIVE USERS:

0.6000

Momentum

FUNDED

YES

TOTAL FUNDING

$15 M

DATE OF LAST FUNDING

Oct 2004

SEED & PRIOR FUNDING

$15 M

SEED CLOSED ON

Oct 2014

LISTED

NO

COMMENT

Venture funding: $15 M (Oct 2014).

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2002

LOCATION:

Views:

37 VISITORS | 55 VIEWS
LATEST FUNDING ROUND

$15 M

TOTAL EMPLOYEES
51-200

About

CashU was acquired by Genero Capital on 22 Dec, 2015, it is a prepaid online and mobile payment method available in the Middle East and North Africa, a region with very limited access to credit cards.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
Traction+
People+
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