What is Cashin?
Cashin provides a comprehensive point-of-sale application designed to empower merchants with robust card and digital payment acceptance capabilities, both in-store and online. The platform's integrated approach unifies checkout processes, sales tracking, and inventory insights, enabling businesses such as shops and cafes to streamline daily operations. Furthermore, Cashin offers valuable analytics on customer spending patterns, allowing merchants to gain a deeper understanding of their clientele and optimize business strategies.
How much funding has Cashin raised?
Cashin has raised a total of $17.6M across 2 funding rounds:
Angel/Seed
$1.6M
Series A
$16M
Angel/Seed (2021): $1.6M with participation from BIM Ventures and Mine
Series A (2026): $16M led by Impact46
Key Investors in Cashin
Impact46
Impact46 is a venture capital firm established in 2019, focusing on tech startups within the Kingdom. As one of the first venture capital-focused companies authorized by the Capital Market Authority (CMA), it operates as both an asset management and advisory firm, with a significant portfolio of Saudi-based ventures.
BIM Ventures
BIM Ventures is an investor participating in the funding round, likely focusing on early-stage or growth-stage companies within its investment thesis.
Mine
Mine is an investor participating in the funding round, with its specific investment focus yet to be detailed.
What's next for Cashin?
The recent major strategic investment signals a pivotal moment for Cashin, likely indicating a transition into a scaling phase. This capital will be instrumental in expanding its market reach, enhancing its technological infrastructure, and potentially exploring new service verticals. The company's focus on unifying operational tools for merchants positions it for continued growth in the competitive fintech landscape, aiming to capture a larger share of the digital payments market.
See full Cashin company page
