Huo Xing Cai Jing reports, according to Bloomberg, Venezuela’s largest fintech company, Cashea, has recently completed two funding rounds totaling $100 million. In June of this year, it secured a $60 million Series B round led by FinSight Ventures, and in March, it closed a $40 million Series A round led by Spice Expeditions, including $20 million in debt provided by Architect Capital. Several U.S. endowments and Latin American investment firms participated. Founded in 2022, Cashea provides “buy now, pay later” services to Venezuelan consumers with limited access to long-term credit, allowing users to make an initial payment via app or in-store QR code scanning and then pay interest-free installments. The company reports having processed over 110 million transactions, served more than 10 million accounts, and partnered with 40,000 merchants. The new funds will be used to expand its credit offerings and support post-disaster reconstruction.
Venezuelan fintech Cashea secures $100 million in funding to expand local credit services
MarsBitShare
Summary
The Venezuelan fintech Cashea secured $100 million in project funding across two rounds in 2026. The company raised $60 million in a Series B round led by FinSight Ventures in June and $40 million in a Series A round led by Spice Expeditions in March, including a $20 million debt facility from Architect Capital. U.S. endowments and Latin American funds also participated. Founded in 2022, Cashea provides interest-free installment options to users facing limited credit access. The platform processes over 110 million transactions across 10 million accounts and 40,000 merchants. The funds will be used to expand credit offerings and support recovery initiatives. Crypto news platforms such as MarsBit reported the development.
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