cashea

⚡ The rebirth of credit in #venezuela
The fintech Cashea raises $100 million and impacts international capital

In an unprecedented financial milestone for the country, Venezuelan fintech #cashea ha has managed to raise $100 million in international capital through two rounds of financing, according to an exclusive report by Bloomberg. The move confirms global investors’ appetite for business models that are addressing the paralysis of traditional credit in emerging markets.

Mega capital round ($100M): Cashea secured this financial backing after closing two investment rounds led by international funds, establishing itself as the startup with the most momentum and liquidity in the country.

Rescue for consumer credit: With the virtual disappearance of bank credit in Venezuela for years due to hyperinflation and legal reserve requirements, Cashea’s Buy Now, Pay Later model became the main alternative financing option for millions of people.

Liquidity engine for commerce: The platform not only finances retail purchases; it also uses the Caracas Stock Exchange (BVC) to issue short-term commercial financing certificates, providing liquidity to more than 6,000 affiliated businesses.

Mass traction and adoption: The app has achieved overwhelming usage volume in high-consumption events, financing up to 9 out of every 10 transactions in major associated retail chains.
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The Ethereum Foundation restructures, STRC hits a historic low,
BitMine enters the Russell 1000, Binance faces pressure from MiCA,
the Bank of England releases rules on stablecoins and Chainlink partners with 47 banks for cross-border payments. #regulation

👉 Cashea announced that it will freeze penalties and the $4 reactivation fee for users who fall behind on their payments between June 23 and 30, following the earthquakes in Venezuela.

#venezuela #cashea #Europe #ETH $ETH $BNB $IWM

I don’t have the best earnings, but with the little (minimum) that I’ve managed to achieve in these last few days—#AprendizajeConstante —I’ve been able to complete it to get out of debt with #cashea

Unfortunately, I ran out of investment, but I feel relieved because I really didn’t have enough to finish paying my debts. And thanks to the small amount of profit I’ve managed to make—#FutureTradingSignals —I’ve been able to get out of trouble.

I hope to recover soon and get good results

VENEZUELA 🇻🇪| In Venezuela, the rise of tools like #Cashea and USDT redefines the way to buy and save against inflation and informal dollarization.

🛍️ More than 300 stores, including Nike, Levi’s, Crocs, and Swarovski, allow payment in installments without interest thanks to Cashea, facilitating access to high-value products.

More information here 👈

Have you used Cashea yet?

#cashea the option for Venezuelans to buy with financing. I think it's an excellent effort of interconnection between markets and the end consumer in a simple way

VENEZUELA 🇻🇪 | In Venezuela, inflation and the devaluation of the bolívar force the search for alternatives to maintain purchasing power.

💰 $USDT , the stablecoin pegged to the dollar, and #cashea , the largest credit platform in the country, have become key allies.

🇻🇪 🧨#cashea in trouble? Users in Venezuela report significant changes in their credits and installments 💳⚡

Since this **Monday, October 13th**, hundreds of users from **Cashea**, the leading platform for **credit purchases in Venezuela**, raised alarms 🚨 after noticing **unexpected restrictions** on their benefits at levels **4, 5, and 6**.

👉 According to reports on social media and in affiliated stores, **Cashea has temporarily suspended the initial 20%** for credit purchases, now forcing users to pay **a 40% down payment**, even for users at the highest level.

But that's not all... 👀
The popular **“more installments mode,”** which allowed financing purchases over **$200 in up to 9 or 12 installments**, **has been limited to purchases over $700**, reducing the option to **only 6 installments** in some establishments.

💬 The community quickly reacted:

> “It took us months to level up to have more benefits, and now everything changed without prior notice,” comments an affected user on social media.

⚠️ Although Cashea has **not issued an official statement** yet, uncertainty is growing among users and businesses that rely on this platform to maintain sales flow and consumer credit.

📊 **What is really happening with Cashea?**
Is it a temporary adjustment or the beginning of a new, stricter credit policy?

💥 Leave your opinion in the comments 👇
Are you a Cashea user? Did these changes affect you?

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