Maash provides streamlined financial services designed to simplify complex money management tasks for users. The platform integrates core banking functions with intuitive digital tools for efficient transaction processing and oversight. This focus on simplicity allows individuals and small businesses to manage their finances with greater ease and clarity.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses and freelancers often face delays, currency exchange volatility, and administrative overhead when managing international payments and holding foreign currency balances. This can lead to unpredictable costs, reduced operational efficiency, and missed opportunities for yield on held funds.
Solution
Maash provides digital USD accounts and virtual IBANs, enabling businesses and freelancers to receive and hold funds without incurring foreign exchange losses. The platform facilitates efficient global transactions through features like team expense cards and bulk payment processing. Additionally, Maash offers yield generation on USD balances and integrated accounting tools to simplify financial management.
Target Audience
The primary customers are freelancers and businesses operating internationally who require streamlined financial operations, efficient payment processing, and predictable foreign currency management.
Features
- Digital USD accounts with virtual IBANs for receiving domestic and international payments.
- Virtual team cards for expense management with real-time spending tracking and instant card freezing capabilities.
- Bulk payment processing for salaries, contractor fees, and supplier invoices with automated notifications.
- Interest-bearing USD balances, offering up to 4% APY with no minimums or lock-up periods.
- Automated transaction statement and CSV downloads for simplified accounting.
- Web and mobile application access for anytime, anywhere financial management.
- Transparent, percentage-based transaction fees starting at 1%, with volume-based discounts.
- Real-time mid-market exchange rates displayed upfront for all currency conversions.