Cashaa is a banking platform that offers competitive yields up to 34% APR through its Earn program and provides instant crypto loans with interest rates starting at 0% via its AI-driven Borrow program. By facilitating secure and efficient financial services for the crypto industry, Cashaa addresses the need for accessible banking solutions for both individual users and businesses in the rapidly evolving digital asset landscape.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional banking solutions often fail to provide accessible and competitive financial services for users in the cryptocurrency space. Crypto users often face challenges in earning yields on their digital assets and obtaining crypto-backed loans with favorable terms.
Solution
Cashaa provides a platform designed to bridge the gap between traditional finance and the crypto industry, offering users the ability to earn interest on crypto holdings and access crypto-backed loans. The platform facilitates the purchase, exchange, and management of digital assets, including Bitcoin, Ether, and stablecoins. Users can deposit crypto assets and earn yields, with interest paid out daily. Cashaa also offers instant crypto-backed loans with interest rates starting from 0%, eliminating the need for credit checks and providing flexible repayment options.
Target Audience
Cashaa targets individual crypto users and businesses seeking accessible banking solutions within the digital asset landscape, specifically those looking to earn yields on their crypto holdings or obtain crypto-backed loans.
Features
- High-yield earning program offering up to 34% APR on deposited crypto assets and stablecoins
- Instant crypto-backed loans with interest rates starting from 0% and flexible repayment schedules
- Support for a variety of cryptocurrencies, including BTC, ETH, BNB, SOL, TON, XRP, DOGE, LTC, UNI, LINK, TRX, and CAS
- Support for stablecoins, including USDT and USDC
- Referral program that allows users to earn up to 5% of their friends' earnings on the platform
- CAS token integration, offering benefits such as discounted transaction fees, doubled interest earnings, and interest-free loans
- Multi-currency support
- Mobile app available on iOS and Android