Venezuelan fintech Cashea has raised US$100 million from global institutional investors, with the company planning to invest the entire amount in expanding consumer credit and merchant services across Venezuela.<\/p>\n\n\n\n
The financing comprises a previously undisclosed US$40 million Series A, completed in March 2026, and a US$60 million Series B closed in June.<\/p>\n\n\n\n
Spice Expeditions led the Series A, which included US$20 million in equity and US$20 million in debt from Architect Capital. FinSight Ventures led the Series B, with participation from Spice Expeditions, Endeavor Catalyst and other international investors.<\/p>\n\n\n\n
Founded in 2022, Cashea provides digital, zero-interest instalment financing for online and in-store purchases. The company said it has more than 10 million consumer accounts, equivalent to more than half of Venezuela\u2019s adult population, alongside a network of 40,000 stores nationwide.<\/p>\n\n\n\n
Cashea has processed more than 100 million transactions since launch. Customers can purchase through its app or scan a QR code in participating stores, make an initial payment then settle the remaining balance through equal fortnightly instalments.<\/p>\n\n\n\n
Pedro Vallenilla, co-founder and CEO, Cashea, said the investment demonstrated confidence in Venezuela\u2019s private sector and consumers.<\/p>\n\n\n\n
The company said the funding would support expansion beyond its core instalment product, including new ways for Venezuelans to pay, save and purchase goods, alongside additional tools for merchants.<\/p>\n\n\n\n
Following the recent earthquake in Venezuela, Cashea also waived late fees, advanced cash to merchants and widened credit access to help affected families replace essential goods.<\/p>\n\n\n\n
Investors included Washington University in St. Louis and Plug-and-Play globally.<\/p>\n","protected":false},"excerpt":{"rendered":"
Venezuelan fintech Cashea has raised US$100 million from global institutional investors, with the company planning to invest the entire amount in expanding consumer credit and merchant services across Venezuela. The financing comprises a previously undisclosed US$40 million Series A, completed in March 2026, and a US$60 million Series B closed in June. Spice Expeditions led […]<\/p>\n","protected":false},"author":58,"featured_media":19887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71,3],"tags":[8255,8407,5834,1827,8014,8409,1522,8408,8397,5922,8406,8405,8404,4353],"class_list":["post-19886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-finance","category-top-stories","tag-cashea","tag-consumer-finance","tag-digital-payments","tag-financial-inclusion","tag-financial-technology","tag-finsight-ventures","tag-fintech","tag-interest-free-credit","tag-latam-fintech","tag-latin-america-fintech","tag-spice-expeditions","tag-venezuela-fintech","tag-venezuelan-technology","tag-venture-capital"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/19886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/comments?post=19886"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/19886\/revisions"}],"predecessor-version":[{"id":19888,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/19886\/revisions\/19888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/media\/19887"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/media?parent=19886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/categories?post=19886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/tags?post=19886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}