Cashea Completes $100 Million Financing, Led by FinSight Ventures in Series B Round
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Digital financial technology company Cashea has announced the completion of a total financing of $100 million, which includes $60 million in Series B funding led by FinSight Ventures, with participation from Endeavor Catalyst, Plug and Play, several university endowment funds in the United States, and Latin American investors; as well as $40 million in Series A funding, which consists of $20 million in equity financing and $20 million in debt financing, led by Spice Expeditions with debt funding support from Architect Capital. Founded in Venezuela, Cashea primarily provides digital financial services through its mobile application, aiming to offer consumers and merchants more convenient payment and credit solutions.
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