Cashero is a blockchain-based payment wallet that enables instant cross-border transactions in over 100 currencies, allowing users to manage multiple currency accounts and exchange funds in real-time. The platform addresses the need for efficient and secure global payments, offering both individual and business users a streamlined solution with built-in KYC, AML compliance, and fraud prevention measures.
Funding
$2.5M 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 cross-border payment systems often involve high fees, slow transaction times, and complex regulatory hurdles, making it difficult for individuals and businesses to send and receive money internationally. Existing solutions lack transparency and can be vulnerable to fraud and security breaches.
Solution
Cashero provides a blockchain-based payment wallet designed to streamline cross-border transactions, supporting over 100 currencies. The platform enables users to manage multiple currency accounts and exchange funds in real-time. Cashero offers a secure and efficient global payment solution for both individual and business users, incorporating KYC, KYB, and AML compliance measures, along with fraud prevention mechanisms. The system leverages API security and cloud-native WAAP to protect against OWASP API Security Top-10 risks and other advanced API threats.
Target Audience
Cashero targets individual users and businesses that require efficient, secure, and compliant cross-border payment solutions.
Features
- Multi-currency accounts supporting over 100 currencies within a single VIBAN account
- Real-time currency exchange functionality
- Instant user-to-user payment processing
- Global payment capabilities to 130 countries
- Integrated KYC, KYB, and AML verification checks with 24/7 transaction monitoring
- Fraud prevention using behavioral risk scores
- Admin dashboards with analytics, user management, and fee management controls
- Advanced API security features, including API portfolio management and vulnerability detection
- Cloud-native WAAP for unified protection against emerging threats
- API attack surface management with automatic host and API discovery