Kasheesh

Facilitates splitting online payments across cards

New York, United States

About Kasheesh

Kasheesh provides a service that allows users to split online payments across multiple debit and credit cards. This feature helps individuals manage their budgets more effectively by distributing the cost of a purchase, which can prevent maxing out a single card and improve their credit utilization ratio. The primary audience for Kasheesh includes tech-savvy consumers, such as young professionals and students, who frequently shop online and use multiple cards. Unlike many traditional payment methods, Kasheesh offers a free platform for users while generating revenue through partnerships with financial institutions and retailers, as well as transaction fees. The goal of Kasheesh is to enhance financial flexibility for its users and create a seamless payment experience that attracts a large user base, making it appealing to banks and merchants.

None, New YorkHeadquarters
2021Year Founded
$8.8MTotal Funding
SEEDCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
401(k) Company Match
Health Savings Account/Flexible Spending Account
Commuter Benefits
Flexible Work Hours
Wellness Program

Risks

Competition from established fintech companies could threaten Kasheesh's market position.
Reliance on partnerships for revenue may lead to financial instability if not maintained.
Potential data breaches could undermine consumer trust in Kasheesh's platform.

Differentiation

Kasheesh allows users to split payments across multiple cards, enhancing financial flexibility.
The platform offers a unique mobile wallet feature for in-store and online purchases.
Kasheesh provides encrypted card numbers for transactions, ensuring enhanced financial privacy.

Upsides

Increased interest in mobile wallets among Gen Z boosts Kasheesh's market potential.
Kasheesh's platform aligns with the trend of maximizing card rewards and credit scores.
Recent $3.5M funding round supports further development and market expansion.

Funding

Total raised$8.75 M
Latest valuation$27.50 M
StageSEED