2 years ago
Kashet raises $6.8M to launch membership-based financial solution app
Kashet, a Swiss-UK-based digital finance services platform, has raised CHF 6.2M (approximately $6.8M) in funding from its strategic investor Copenhagen-based Trifork Lab
The funds will enable the fintech company to accelerate its expansion and its growth
The company is set to launch a membership-based financial solution app for customers and private bank clients, later this year
Kashet co-founder and joint CEO, Chris Jones says they are thinking beyond banking and focused on creating exceptional financial services that people trust and love to use
The company plans to partner with private banks across Europe that need access to groundbreaking technology solutions.
ProblemFinancial Services
"managing international finances can be complex and cumbersome for people who move frequently and live in multiple countries. The current banking and financial solutions for international clients don't offer the agility, speed, and verification needed for smooth and efficient transactions. "
Solution
"Kashet offers a membership-based financial solution app that provides a complete set of financial services, including cards, foreign exchange, domestic and international payments, and access to digital currencies under Swiss law. They strive to offer an exceptional digital solution that combines traditional finance know-how with explosive digital expertise, providing internationally mobile clients with real-time agility, speed, and verification for banking and monetary transactions."