Saturday, June 25, 2022

Slide Slide
Home digital payments Digital payment solutions start-up CashIn raises $1.6 million in funding

Digital payment solutions start-up CashIn raises $1.6 million in funding

To businesses who are looking to manage sales in an integrated platform, the start-up provides digital payment solutions, virtual points of sale, and other payment features

As the industry grows bigger due to evolving consumer habits, Saudi-based digital payment solutions start-up CashIn has raised SR6 million ($1.6 million) in its latest funding round.

To businesses who are looking to manage sales in an integrated platform, the start-up provides digital payment solutions, virtual points of sale, and other payment features.

With CashIn partnering with the government sector to fully comply with it, it comes as a new e-invoicing rule in the Kingdom of Saudi Arabia is set to be implemented, the digital payment solutions start-up said in a statement.

“The Kingdom of Saudi Arabia is undergoing rapid growth in the Fin-Tech and technology sectors in comparison to other countries, and we are keen on CashIn to adapt to these fast-paced changes in parallel with Saudi’s 2030 vision”, said Omar Al-Rammah its chief executive officer.

The seed round was led by BIM Ventures and a number of angel investors, the start-up said.

Also readCIO News interviews Shri Wangki Lowang, Minister (IT) of Arunachal Pradesh

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.

CIO News also covers the professional journeys of CIOs across all industries through print articles.

khushbu Soni CIO News Mercadeo
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -1x1 banner1x1 banner1x1 banner1x1 banner

Most Popular

Digital literacy according to me is a seamless adoption of digital revolution, says Melwyn Rebeiro, Head of IT Security at AEON Credit Service India...

While youth have been at the forefront of technology adoption and will continue to be so, there has been a significant increase in digital...

India’s artificial intelligence investment to be 2.5% of global total in 2023

Firms are increasingly relying on contracting and gig models while focusing on building internal artificial intelligence talent through reskilling and up-skilling India, the world’s second...

Fin-tech start-up Setu acquired by Pine Labs in $70 to 75mn

Post the buyout, the fin-tech start-up, which has 90-100 employees will retain its brand identity, business and team The acquisition of the Bengaluru-based API fin-tech...

Cyber security strategist Dr. Mukesh Mehta joins Monarch Capital as Group CTO

Mehta describes himself as someone who is capable of solving the most critical problems revolving around the IT and the cyber security industries Cyber security...

Recent Comments