# cashew: Financial services, Dubai, United Arab Emirates

> cashew: Cashew Payments is a fintech startup based in Dubai, United Arab Emirates, founded in 2019. Based in Dubai, United Arab Emirates. Founded 2021.

Source: https://millionrounds.com/startup/cashew (Millionrounds; every figure on the page links to its filing or article)

United Arab Emirates · [Financial services startup](https://millionrounds.com/companies)

# cashew

Cashew Payments is a fintech startup based in Dubai, United Arab Emirates, founded in 2019.

Funding reported Last round: Corporate round

Financial services Dubai, United Arab Emirates

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Company summary

- **Founded:** 2021 5 years old
- **Team:** 94 51 to 200 people
- **Funding reported:** 41M as listed, currency not stated
- **Last round:** Corporate round Apr 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for cashew has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About cashew

Cashew Payments is a fintech startup based in Dubai, United Arab Emirates, founded in 2019.

The company focuses on simplifying borrowing and payment management for consumers and businesses in the GCC and MENA regions. Cashew aims to enhance access to finance, particularly for Millennials and Gen Z, by offering flexible payment solutions that cater to their digital retail preferences. The company's core services include Buy Now, Pay Later (BNPL) and Point-of-Sale (POS) financing. These services allow users to make purchases and pay for them over time through interest-free installment plans. Cashew also provides a mobile application that helps users manage their payments and access exclusive discounts. With a commitment to transparency and flexibility, Cashew is positioned to support underbanked consumers and young professionals in managing their financial needs effectively.

## What company datasets say cashew raised

Funding, as reported

Reported in all **41M** in the source's currency

Rounds **6**

Last round **Corporate round**

Last round date **Apr 2023**

Investors listed **2**

## The company, in detail

What they build

Known for

longer repayment tenures digital identity verification mobile payments interest-free installment plans uae user experience quick approvals short-term credit digital payments consumers manage bills consumer credit options custom payment solutions time-saving shopping interest-free installments installment plans planned purchase financing

Built with from their website

Google Tag Manager Amazon CloudFront HREF Lang PWA mailersend Viewport Meta Google Play Next.js Zendesk for Service Lucide

+8 more

webpack Amazon AWS Google Analytics Ecommerce Tracking Microsoft Exchange Online AI Zendesk Amazon Elastic Load Balancer Priority Hints

- **Sector:** Financial services
- **Industry code:** NAICS 52232, 522291
- **Region:** Dubai
- **Revenue:** 2.1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cashew)

## Exits

Exit

Exit Buyer Price When

Acquired [RYNMS](https://millionrounds.com/fund/tajir-al-youm) undisclosed Aug 2021

Acquired [PISIQ](https://millionrounds.com/fund/pisiq-investments) $8K Feb 2021

## Financial services in United Arab Emirates

Startups like it

- [**Flow48** Dubai · founded 2022 *Raised*](https://millionrounds.com/company/flow48)
- [**Huspy** Dubai · founded 2020 *Raised*](https://millionrounds.com/company/huspy)
- [**CredibleX** Abu Dhabi · founded 2023 *Raised*](https://millionrounds.com/company/crediblex)
- [**Alaan** Dubai · founded 2021 *Raised*](https://millionrounds.com/company/alaan)
- [**Zest Equity** Dubai · founded 2021 *Raised*](https://millionrounds.com/company/zest-equity)
- [**Sav** Dubai · founded 2022 *Raised*](https://millionrounds.com/company/sav)
- [**EcoWatt** Dubai · founded 2018](https://millionrounds.com/startup/ecowatt)
- [**Orfinex** Dubai · founded 2015](https://millionrounds.com/startup/orfinex)

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