Cashea, a Venezuelan buy-now-pay-later fintech, raised a $100M Series B round.
Founded in 2022, Cashea enables consumers to pay for purchases in installments without a credit card. Cashea operates in a market where access to traditional bank credit remains limited, helping consumers finance purchases while enabling merchants to increase sales.
With the funds, Cashea will expand its product portfolio, including payments, savings, and other financial services for consumers and businesses.
Cashea has more than 10 million consumer accounts, partners with 40,000 merchants, and has processed more than 100 million transactions.
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