Cashaa is a one-stop solution for storing cash and digital assets. Cashaa facilitates the exchange between digital assets and fiat currencies, providing financial freedom to every user and enhancing asset value. Cashaa offers multiple IBANs based on user needs, completing transactions instantly. International transfers, multi-currency exchanges, crypto conversions, and other features position Cashaa as a pioneer in hybrid financial services utilizing blockchain technology. CAS tokens can be used for free IBAN account openings, increasing monthly account limits, and offering free local and international transfers and foreign exchange transactions without fees.
About Cashaa
Cashaa is a fintech startup under L39 Group dedicated to payment solutions, leveraging blockchain technology for cross-border payments, primarily in India and Nigeria. Cashaa also provides value-added services such as top-ups and e-commerce in major cities. Since February of this year, Cashaa has ventured into inter-bank cross-border payments and bank-to-cash transfers, with recipients mainly being banks. India has a strong historical connection with the UK, and there is a sizable Indian population in London. The earliest P2P platform, Zopa, was also founded in the UK, but its main customers are in India. Nigeria, due to its relatively relaxed financial regulations, offers ample space for financial innovation.
Cashaa Project Overview
Cashaa has built infrastructure on the blockchain and leverages artificial intelligence to support mainstream applications of financial products. It enables low-cost currency exchange, allowing both banked and unbanked populations to participate in the global economy. Using an open architecture, it fosters new opportunities within this community. We created Cashaa so that consumers could adopt cryptocurrencies without needing to rebuild or follow the old banking infrastructure, or understand the technical details of cryptography and blockchain technology, making it easy to use, secure, and affordable.
The Cashaa team states that they are building the next generation of financial service models based on blockchain technology and artificial intelligence, which will enable devices with biometric systems to solve problems present in existing banking and non-banking financial systems.
Our blockchain-based payment system is designed to lower barriers to financial inclusion and provide financial services to both the banked and unbanked. Our vision is to build future-oriented payment and banking infrastructure on a robust AI-driven blockchain infrastructure, phasing out outdated systems to create value globally.
Project Highlights
Your account is held by our trusted partner Enumis, authorized and regulated by the Financial Conduct Authority (EMI) (FRN 900028) and Consumer Credit (FRN724110). Meanwhile, we are working with accredited institutions through the Bank of Lithuania and Slovenian affiliates to meet regulatory requirements and realize the Cashaa vision.
Cashaa sets a high benchmark for compliance in the crypto world. Our processes strictly adhere to CFT, AML, AIFMD, FATCA, and CRS. During our token sale, our team rejected over $14 million worth of all standards due to our solid foundation.
As a better bank, we are committed to procuring and building industry-leading infrastructure and reinforcing the blockchain technology layer. Our system is equipped with fraud detection, device verification, and card management tools, giving you complete control.
Cashaa is Based on Four Fundamental Principles
1. Driving Financial Products for Both Banked and Unbanked: Cashaa’s digitized and transparent services are not only attractive to the banked population but also offer financial inclusion solutions to the 2.5 billion unbanked and 1 billion underbanked globally, creating a unique cross-border platform that serves everyone.
2. Facilitating Low-Cost Foreign Exchange Transactions: Fast cross-border transfers with minimal fixed fees: a small fraction of current fees, averaging 7%. Our industry-leading technology platform, supported by our dealer network, safeguards your funds and provides optimal foreign exchange (FX) rates every time you use Cashaa.
3. Enabling Global Economic Investment: Cashaa products allow users to enter the global economy in a decentralized manner. They facilitate cross-border value transfers, enabling higher yields and more diversified investment portfolios.
4. Commitment to Open API Community: Creating the next generation of DApps to address the world’s largest financial challenges. Our developer SDK and open APIs, combined with biometric and AI services, will accelerate digital transformation.
Use Cases
Real-time identity recognition and fraud monitoring, data protection, multi-wallet, international transfers, crypto-backed loans, business services.
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