Company:Kasheesh
| Industry | Financial services |
|---|---|
| Founded | February 1, 2021 |
| Founder | Samuel Miller and Kevin Kim |
| Headquarters | New York City , New York , U.S. |
Key people | Samuel Miller and Kevin Kim |
| Products | Kasheesh browser extension |
| Website | www |
Kasheesh is a United States-based digital payment platform that allows consumers to split any online purchase across multiple debit and credit cards on over 1,000,000 websites.[1] It was founded by Samuel Miller and Kevin Kim in 2021 and is headquartered in New York City .[2]
The company has partnered with Stripe and Plaid for its services.[2]
History
Kasheesh is a fintech company founded by Samuel Miller and Kevin Kim in 2021.[2][3] The company has partnered with Stripe and Plaid to process transactions, enabling it to avoid storing any credit card information in its servers.[2]
Kasheesh conducted two seed funding rounds, a pre-seed funding round on May 21, 2021, and a seed round on June 23, 2022. As of November 2022, the company has raised $5.5 million in seed funding various from institutional and individual investors like Anthemis Group, Harlo Equity Partners, Tribe Capital, Evening Fund, Robin Wright, Courtside Ventures, Flucas Ventures, Odell Beckham Jr., Adapt Venture, and Sahil Bloom.[2][1][4][5][6][7]
In 2022, the company facilitated over $35 million in user transactions and purchases.[1][5][6][7]
Product and services
Kasheesh's provides a browser extension for customers to split their payments across multiple combinations of debit, credit, and gift cards without paying any additional fee or interest.[6][3]
The Kasheesh app is compatible with any e-commerce platform that accepts Mastercard. By funding a digital card with the user's underlying cards, usage of Kasheesh is free in the United States. The company earns interchange through the MasterCard network on each transaction.[2][4]
The company auto-generates banking card numbers pulled from debit and credit cards of users choosing to split the cost of online purchases for security reasons, encrypted digital numbers per purchase, and smart reward utilization.[5][6] The company has simplified over $35 million in transactions since the extension was launched in January 2022, providing a personalized experience with zero hidden fees.
References
- ↑ 1.0 1.1 1.2 https://www.fintechfutures.com/2022/07/new-digital-payment-platform-kasheesh-launches-in-us/
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 https://techcrunch.com/2022/06/23/kasheesh-fintech-startup-alternative-financing-bnpl-credit-debit-split-payments/
- ↑ 3.0 3.1 https://inclusiontimes.com/untitled-60/
- ↑ 4.0 4.1 https://www.digitaltransactions.net/kasheesh-launches-an-app-that-lets-users-split-purchases-among- their-existing-cards/
- ↑ 5.0 5.1 5.2 https://ibsintelligence.com/ibsi-news/kasheesh-launches-split-online-payments-option-across-multiple-credit-debit-cards/
- ↑ 6.0 6.1 6.2 6.3 https://globalfintechseries.com/banking/digital-payments/kasheesh-first-platform-to-split-online-payments-across-multiple-credit-debit-cards-launches/
- ↑ 7.0 7.1 https://www.sporttechie.com/odell-beckham-jr-courtside-ventures-kasheesh/
External links
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