Qashio provides an enterprise-grade spend management platform that issues virtual and physical employee corporate cards and delivers real-time expense tracking and centralized visibility for finance and HR teams. The company says its software automates expense workflows, reduces petty cash leakage, and saves hundreds of man-hours for customers. Qashio claims to be the first fintech in UAE history to programmatically issue employee corporate cards. Founded in 2021 by Jonathan Lau and Armin Moradi, the startup has signed brands across the UAE and KSA and won the Gulf Capital FinTech Business Solution of the Year 2022. The company has added seasoned executives and advisors to strengthen technical development and enterprise go-to-market capabilities. Qashio plans to use its recent financing to expand hiring and accelerate growth into Saudi Arabia and other parts of the GCC.

Total raised

$10M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2022