noscript

News and Announcements

All-in-One Mobile Platform for High-Yield Savings, Currency Exchange, and Cross-Border Payments | Operates in 120 Countries

  • Published January 19, 2022 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

“Prior to launch, the team is looking to make some strategic purchases, opening the scope of our permissions, capabilities and services.

We also have a time-sensitive opportunity to build out a treasury for the platform, bolstering Cashero and allowing it to be somewhat self-sufficient and self-perpetuating when it comes to creating interest that is passed to depositors and users of the application.

By achieving this goal, Cashero cements itself as a serious player in the financial services arena, safeguarding itself and its investors.

To reach this goal, we are seeking £1,500,000 of funding before launch; the deadline to register interest closes on the 31st of March 2022.

Our team values the ongoing support of investors and would like to take this opportunity to invite you and other like-minded individuals to share Cashero’s story and learn more about the project.”

Barnaby Procopiou, Founding Partner, Cashero

Register Interest

Executive Summary

Cashero is the all-in-one mobile platform for high-yield savings, currency exchange, and instant cross-border payments. It is designed to help clients make and save money – a platform with no hidden fees, no minimum balance, no ‘lock-in,’ and no stress. It allows clients to earn up to 5% APY on their money, solving the problem of inflation and negative interest rates!

Cashero recognises the appeal and requirement for cash savings, but inflation, high remittance fees, and payment friction are all problems to individuals and businesses across the globe. Cashero’s platformis now fully developed, audited, and ready for launch.

Investment Highlights

  • Market Size: Cashero enters a market place valued at over $29 trillion. It provides services in four key areas: instant payments, global payments, high yield savings, and FX/multi-currency accounts. The application allows payments to be made at no cost globally, and in many cases, FX conversion is completely free.
  • Solution: Cashero’s platform solves the worldwide problem of low-interest rates by providing both individuals and businesses up to 5% interest on their money each year, paid in real time.
  • Fully Developed Technology: Cashero’s platform build was completed in December 2020, taking away development risk from investors. In 2021, the team secured strategic partnerships, built white-label versions of the platform, and refined the application before launch.
  • Investment Diversification and Global Exposure: The company provides services to over 120 countries, safeguarding the business against risks like COVID-19, Brexit, policy changes, etc.
  • User Base: Cashero will serve the banked, unbanked, and underserved. The global unbanked population is 1.7 billion people.
  • Marketing: Tests have now been completed in 50 territories by world-renowned marketing teams Ladders and HVSEO (who were responsible for Monzo, Aviva, Chime Bank and Credit Suisse) with predictions and models being validated with huge interest and pressures from Brazil, the USA, and the Philippines. A whopping 20% of the target audience are clicking to download the application.

Investment Offering

Offering: Private Equity

Total Raise: £1,500,000

Share Price: £1.15 (Ordinary Non-Voting B Shares)

Minimum investment: £2,300

Minimum number of shares: 2,000 shares

Register Interest

Capital Insights
The Index Approach in Early-Stage Venture Capital: Reconsidered

The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]

Capital Insights
The Future Is Now: The Evolution of Dealflow with Wholesale Investor

If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]

Join over 45,000+ sophisticated investors

Join Now