Brazilian fintech Cashbanx secured a $4.1M round led by SRM Ventures. With these funds, the company plans to scale its operation.
“The cashback market has tremendous growth potential, and our platform brings a complete and efficient experience to our customers,” said André Giannetti, CEO of the company.
Cashbanx is an affiliate B2B platform that allows banks and fintechs to offer cashback incentives to their customers.
The startup has over 500 customers in Brazil and recently started to serve clients in the United States.
Read more on Startupi