Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi（新）
GUSD（纯图）
Rewards
Square
Latest
Hot
News
Profile

Venezuela fintech Cashea raises $100 million to expand its local lending business

PANews
robot
Abstract generation in progress
PANews July 21, Bloomberg reported that Cashea, Venezuela’s largest fintech company, has recently completed two rounds of fundraising totaling $100 million, including a $60 million Series B round led by FinSight Ventures in June this year, and a $40 million Series A round led by Spice Expeditions completed in March (including $20 million in debt provided by Architect Capital). Multiple US charitable foundations and Latin American investment institutions participated. Founded in 2022, Cashea provides “buy now, pay later” services to Venezuelan consumers who face long-term credit constraints. Users can make an initial payment via the app or by scanning a code in person, then pay in installments with no interest. The company says it has processed more than 110 million transactions, serves over 10 million accounts, and has 40k partner merchants. The new funding will be used to expand its credit products and support post-disaster reconstruction.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap