Cashy, a Vienna, Austria-based provider of an online financing portal for people and companies, raised €6M in funding.
Backers included Katharo Ventures.
The company intends to use the funds to accelerate its expansion to Germany.
Founded by Patrick Scheucher, Cashy is a provider of an online financing portal for people and companies who need money for a short time. Its centerpiece are the online portals Cashy.at and Cashy.de, which customers in Austria and Germany can use to pawn more than 60,000 different types of valuables without hassle or haggle.
The company currently employs 25 people and, complementary to its online portal, operates branches in Vienna, Linz, Graz, Munich, Berlin and Essen.
In addition to the management and Katharo, Cashy is backed by Paysafecard founder Michael Müller and Alex Schütz, founder and CEO of the C-Quadrat Investment Group.
FinSMEs
16/05/2023