Kasheesh, a NYC-based client digital fee platform, raised $5.5m in funding.
Backers included Tribe Capital, Anthemis, Courtside Ventures and people together with Tremendous Bowl LVI-winning large receiver Odell Beckham Jr, athlete turned investor Sahil Bloom and award profitable actor Robin Wright.
Led by Sam Miller, co-founder and CEO, Kasheesh supplies a digital fee platform that enables anybody to separate fee for on-line purchases throughout a number of combos of debit and bank cards in any approach they need, with out added value or curiosity hikes
The free, web-based browser extension helps U.S.-based shoppers throughout three principal areas of on-line spending:
- decreased value burden on particular person playing cards per buy,
- aiding in sustainably constructing credit score scores and card rewards by using any mixture of playing cards versus only one, and
- maximizing monetary privateness via Kasheesh’s auto-generation of a brand new encrypted card quantity to make use of per buy.
Since its closed launch, Kasheesh has brokered over $11 million in person transactions and purchases. It doesn’t underwrite loans and as an alternative consolidates spending energy to assist their customers keep away from maxing out their playing cards.