Rs 25 Crore Of Series A Funding Has Been Raised By Cashe Application

CASHe is an Indian based developing application which serves a platform where young professionals end their quest for series A funding supported by the group of capitalists driven by Mr. Mathew Cyriac and exhorted by Florintree. This information was announced by Series Financial Technologies Pvt. Ltd., Fintech Company, promoted and supported by private equity investor Mr. Raman Kumar. With progress, capital investment will be increased to enhance business scope of CASHes to intensify its position as one of the top leading application for instant loan. Additionally it was announced that company has engaged Mr. Mathew Cyraic and Dr. Pulak Ghosh into its board of directors.

What Mr. Raman’s says about CASHe:

Mr. Raman, chairman of Aeries Financial Technologies Pvt. Ltd, included in his statement: “We are very excited to have finalized the Series A funding from investor group led by Mr. Mathew Cyriac and advised by Florintree Advisors. We thank our new investors for their confidence in CASHe. We have big plans for the business, and are proud to have a team on board that shares and believes in this vision. I also welcome Dr. Pulak Ghosh and Mr. Mathew Cyriac to the Board of Directors.

An influential scientist and thinker, Dr. Ghosh brings to CASHe his enormous domain knowledge, experience and expertise in big data analytics to CASHe. His inclusion further reinforces the pre-eminent position that CASHe has established for itself in the AI, Data Analytics and Machine Language backed by new age financial technology space in India.

Mr. Cyriac joins CASHe as an investor / director. Drawing on his years of experience as an established private equity player, he will provide fresh insights to company’s business priorities as it continues to grow at an accelerated pace. The company looks forward to benefit from their extensive and diverse expertise to accelerate its strategic and organic growth initiatives,”.

 CASHe and its advantages

In April of 2016, Aeries Financial Technologies Pvt. Ltd introduced a ingenious technology compelled lending platform that mainly helps youth and urban professionals for establishing and enhancing the business. There are vigorous trait covers under this app, i.e.,

  • It empowers young talented professionals with short term loans which is calculated by a program that it has developed the basis being their social profile, earning potential and merit.
  • It renders expeditious loans on request.
  • It owns a user friendly interface that navigates user towards a world of quick loan application and quick loan disbursement.
  • It offers an easy way of documentation as well as disbursement or repayment process.
  • It has its own algorithm that calculates the worthiness of the pitcher based on multiple data and comes up with a credit score.
  • This app is entirely automized and there are no more requirements of physical documentation as well as individual intervention.
  • It provides loan on an average of within 8 minutes provided the documents are correct.

CASHe’s aspiration is youth professional subsided while its terms and conditions incorporate that they should fall within the age group of 23-35years. Additionally, it offers ventures minimum of Rs 5000 and maximum of Rs 100, 000 which has to be paid over 90 days and Rs 1530.

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