Cashaa is a fintech company that provides banking services for cryptocurrency businesses.[1][2][3] Cashaa operates as a neo-bank, offering services that integrate traditional banking with cryptocurrency operations.[4][5]
| Company type | Private |
|---|---|
| Industry | Fintech, Cryptocurrency |
| Founded | 2016 |
| Founders | Kumar Gaurav, Amjad Raza Khan |
Key people | Amjad Raza Khan (CEO) |
History
editCashaa was founded in 2016 by Kumar Gaurav and Amjad Raza Khan.[6][7][8][9][10] The company is headquartered in London, England.[11][12][13][14]
The company acts as a financial platform that integrates cryptocurrency services with traditional banking.[15][16] Initially launched as a peer-to-peer cash transfer system, Cashaa expanded its services in 2019 to include banking services for cryptocurrency businesses such as Crypto Wallets, Loans, Investments and Banking Accounts.[17][18][19]
In 2018, Cashaa introduced their own cryptocurrency token CAS. The CAS token has multiple utilities, including speedy application processing, discounted setup fees, cheaper international wire costs, rebates in exchange and transaction fees. The token is listed on cryptocurrency exchanges, including KuCoin, Bitbns, and MEXC.[20]
In October 2020, Cashaa partnered with the United Multistate Credit Cooperative Society (UNICAS) to open its bank branches in India. The first branch was opened in Jaipur, India.[21][22][23]
In May 2024, Kumar Gaurav stepped down as CEO, and Amjad Raza Khan, the former CTO, was appointed as the new CEO.[24][25][26]
References
edit- ^ "Blockchain Financial Company Cashaa Announces Token Generation Event". smestreet.in. Retrieved 2024-08-18.
- ^ "Cryptocurrency bank plans India operations, takes cooperative route to get around RBI rules". The Indian Express. 2021-07-19. Retrieved 2024-08-18.
- ^ "Rajasthan-based UNITED Ties with Cashaa to Become World's 1st Crypto-Friendly Financial Institution". Business, Technology, Startups and Science News and Trends in India | IndianWeb2.com. 2020-10-27. Retrieved 2024-08-18.
- ^ "London neo-bank Cashaa raises funding to power up India expansion". VCCircle. Retrieved 2024-08-18.
- ^ Nair/INT, Ravi (2024-05-06). "Cashaa to release its new wallet in seven markets, shut down its business banking division". Retrieved 2024-08-18.
- ^ "Cashaa co-founder Amjad Raza Khan to also serve as CEO of the firm". 2024-05-31. Retrieved 2024-08-18.
- ^ Bowskill-Dutkiewicz, Ignatius (2019-09-09). "Banking the Cryptocurrency Industry". Disruption Banking. Retrieved 2024-08-18.
- ^ Singh, Navdeep (2024-05-29). "Long-term investment in Bitcoin remains promising despite market volatility, says Kumar Gaurav of Cashaa". The Economic Times. ISSN 0013-0389. Retrieved 2024-08-18.
- ^ "Entrepreneur 2022". www.entrepreneurindia.com. Retrieved 2024-08-18.
- ^ "Blockchain startup Cashaa enables instant P2P international transfer between fiat and cryptocurrency". Yahoo News. 2018-03-14. Retrieved 2024-08-18.
- ^ "UK's Cashaa to Expand its Crypto Wallet Service in India: Details". Gadgets 360. 2024-04-30. Retrieved 2024-08-18.
- ^ "Exclusive Interview with Cashaa CEO Kumar Gaurav | Meet the Boss". ChipIn. 2017-11-12. Retrieved 2024-08-18.
- ^ https://www.moneycontrol.com/news/business/startup/blockchain-based-p2p-payments-company-cashaa-aims-to-be-a-mobile-only-digital-bank-in-india-2526987.html
- ^ https://www.livemint.com/money/crypto-platform-makes-banking-entry-in-india-with-co-op-credit-society-tie-up-11603715131262.html
- ^ "Cashaa and Chainlink Collaborate to offer Crypto and Defi related solutions". India Technology News. 2021-09-06. Retrieved 2024-08-18.
- ^ Mali, Krishna (2023-06-02). "Interview: Cashaa CEO Kumar Gaurav On Use Of Blockchain for Inclusive Financial Solutions". TechGraph. Retrieved 2024-08-18.
- ^ "Cashaa - The RemTECH AWARDS". 2017-05-28. Retrieved 2024-08-18.
- ^ "Cashaa | Startup Elevate | Global Startup Events Series". tmt.knect365.com. Retrieved 2024-08-18.
- ^ "Cashaa to release its new wallet in seven markets, shut down its business banking division". CXOToday.com. 2024-04-29. Retrieved 2024-08-18.
- ^ "Cashaa price today, CAS to USD live price, marketcap and chart". CoinMarketCap. Retrieved 2024-08-18.
- ^ Kastelein, Richard (2020-10-27). "Cashaa And UNICAS to Open First Crypto-Friendly Bank Branches in India, Transforming UNICAS' Banks into Crypto Lounges". Blockchain News, Opinion, TV and Jobs. Retrieved 2024-08-18.
- ^ "First Crypto Bank Live In Jaipur". Retrieved 2024-08-18.
- ^ "World's First Physical Cryptocurrency Bank Opens in India | Finance Magnates". Financial and Business News | Finance Magnates. 2020-12-30. Retrieved 2024-08-18.
- ^ Network, NDM News (2024-06-25). "Cashaa to Launch its Retail Wallet in 200 Countries". DIGITAL TERMINAL. Retrieved 2024-08-18.
- ^ "Cashaa Appoints CTO Mr. Amjad Raza Khan as the New CEO to Steer Next Phase of Growth". Amazing Workplaces. 2024-05-29. Retrieved 2024-08-18.
- ^ "Cashaa Founder Kumar Gaurav Steps Down as CEO from the next generation bank". CXOToday.com. 2024-05-31. Retrieved 2024-08-18.