Cashea, Venezuela's largest fintech startup that offers a banking and payments app, raised a $40M Series A, including $20M in debt, and a $60M Series B (Maria Clara Cobo/Bloomberg)
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- Cashea, Venezuela's largest fintech startup offering a banking and payments app, raised a $40M Series A that included $20M in debt.
- Cashea also raised a $60M Series B, bringing its total fundraising across both rounds to $100 million.
Why it matters: The $100M raise positions Venezuela's largest fintech to scale its banking and payments app, with the mix of equity and $20M in debt signaling investors are willing to back the company through structured financing rather than equity alone — a notable signal for a Venezuelan startup operating under challenging macroeconomic conditions.
