Cassbana
Latest round
- Seed
Last raised
- Jan 2021
Total raised
- $1M
Investors
- 1
About Cassbana
Founded in 2020 in Egypt, Cassbana focuses on delivering digital financial solutions tailored for individuals and small businesses. The CEO and co-founder, Haitham Nassar, along with co-founder Mohamed Tarek, previously engaged in other ventures before establishing Cassbana.The core offerings of Cassbana focus on innovative financial solutions tailored for underserved markets. The company provides digital financial services that facilitate access to credit and enhance money management for individuals and small businesses. By leveraging technology, Cassbana aims to address the challenges of financial inclusion, particularly in areas where traditional banking services are limited or inaccessible. Their products encompass mobile applications and platforms designed to streamline transactions, manage expenses, and provide credit assessments. The primary end users include consumers seeking personal loans and small businesses looking for working capital, predominantly in emerging markets across the Middle East and North Africa (MENA) region.Cassbana operates on a revenue model that includes subscription-based services and direct transactions with clients. The company generates income through fees associated with its financial products, which may involve monthly subscription plans for premium services or transaction fees applied to each loan disbursed. Partnerships with local businesses and financial institutions further enhance revenue streams, creating a collaborative ecosystem that benefits both parties. The flagship products offered facilitate quick access to credit and financial management tools, providing value to users while supporting the company's growth. The company is currently designing new financial products targeted at improving the user experience and increasing accessibility for clients in underserved regions. Additionally, Cassbana aims to enter new geographic markets within the MENA region by 2024, focusing on areas where financial services are underrepresented.
Who invested in Cassbana
1 investor across 1 round
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Funding rounds
Seed
Jan 6, 2021
Amount
$1M
Investors
Questions about Cassbana
Who invested in Cassbana?
Cassbana has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cassbana raised?
Cassbana has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cassbana last raise money?
Cassbana's most recent round on record is a Seed, in Jan 2021.
What does Cassbana do?
Founded in 2020 in Egypt, Cassbana focuses on delivering digital financial solutions tailored for individuals and small businesses.
Where is Cassbana headquartered?
Cassbana is headquartered in Egypt.
Which VCs invest in companies like Cassbana?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Cassbana's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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