CASHe is an app that gives loans to professionals, and this isn’t the traditional way of doing it. Open the app, link your social media, fill some documentation and you get the loan to your bank account. That’s how it doesn’t actually work with any bank and that concept is what made the app popular…
Aeries Financial Technologies which runs online lending platform Cashe has built a blockchain based smart contract enabled distributed ledger technology on its mobile app which will allow the lender and the borrower to enter into a smart contract regarding their lending arrangement. With a smart contract the transaction records remain secured and transparent as any…
Chairman of a fin-tech company, CASHe, V Raman Kumar has been appointed the first chairman of the newly-formed India chapter of Global Entrepreneurship Network, which conducts the Global Entrepreneurship Summit all over the world. “GEN India is formed now and this will be the point of contact for India,” said Kumar, who hails from Kurikyal…
Hyderabad-based startup incubator T-Hub has launched Blockchain Hyper Hub in collaboration with CASHe, an app-only lending company which provides immediate short-term personal loans to young professionals. With an aim to co-create blockchain-powered solutions, Blockchain Hyper Hub will focus on grooming and developing the talents required for the same. Commenting on the launch of Blockchain Hyper…
A lot is written these days about Distributed Ledgers, Blockchains, Cryptocurrencies and Smart Contract based Tokens. Most are informative and explain the underlying value proposition of these technologies. Many others tend to be starry eyed regurgitations that at best, throw light on the transformative potential of these technologies, and at worst, add to the already…
CASHe, an app-based loan app from Aeries Financial Technologies said that it has raised Rs 20 crore in debt funding from IFMR Capital in its NBFC company, Bhanix Finance and Investment, to ramp up its loan book. The company had raised Rs 25 crore ($3.8 million) in series-A funding in April this year from former Blackstone PE head Mathew Cyriac and…
MUMBAI: Digital lending marketplace Paisabazaar, has tied up with online lending platform CASHe to offer short term personal loans on the Paisabazaar platform to salaried millennials, who otherwise do not qualify for credit from traditional banks and financial institutions. “By partnering with CASHe to help improve access to credit for young salaried professionals with below…
CASHe primarily targeting users in the 25-35 age bracket and it has 20,000 registered users. App-based personal lending firm CASHe has raised Rs 25 crore in Series-A funding from Blackstone group’s former PE business co-head Mathew Cyriac and other investors. Cyriac has invested in his personal capacity, as well as through a group of investors through…
BENGALURU: CASHe, an app-only provider of short-term personal loans to young professionals based on their social quotient and earning potential, has funds raised investments from a group of investors led by former Blackstone India head Mathew Cyriac. The one-year-old fintech startup has also secured financing support from Kotak Mahindra Bank as it targets Rs 1,000…
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