Kash
Kash is a San Francisco-based fintech company specializing in mobile payments technology that eliminates the need for credit cards by using SecureDebit technology, allowing retailers to save on transaction fees.
Company Overview
Kash is a fintech company based in San Francisco, CA, USA, specializing in mobile payments. Launched in 2014, Kash operates in the payments sub-industry within the fintech sector. The company was part of Y Combinator's S14 batch, reflecting its early-stage business status. Kash focuses on processing transactions without interchange or card fees, eliminating the need for credit cards and middle-men.
Locations
Kash's headquarters is located in San Francisco, California, USA. The company operates primarily in the United States of America and the broader America/Canada region.
Services
As a mobile payment company, Kash offers services that allow transactions between bank accounts and retailers to clear without the need for interchange or card fees. This service enables retailers to bypass credit card networks, saving 2% to 5% in transaction processing fees. Kash guarantees against chargeback and utilizes its proprietary SecureDebit technology to streamline the payment process.
Funding and Investors
Kash is funded by prominent investors, including Draper Associates, Green Visor Capital, and Structure Capital. These investments have facilitated the development, marketing, and expansion of Kash's mobile payment technology in its operational regions.
Technology
Kash develops and implements SecureDebit technology, which allows it to process transactions without involving credit card networks. This technology supports their goal of eliminating interchange fees and middle-men, offering cost savings for retailers.