Cashbee SAS

Cashbee SAS is a financial technology company based in Paris, France, specializing in innovative savings and investment solutions for both personal and professional clients, designed to enhance financial management through a user-friendly digital platform. Founded in 2018 in Paris, France, Cashbee SAS focuses on providing accessible savings and investment products. The company was established by Chaker Nakhli, Cyril Garbois, and Marc Tempelman. Cashbee has secured a total of EUR 4.

732 mn in funding, with its latest investment round being a Series B completed on July 29, 2024, from returning investor 115K. The firm has executed 7 deals to date, achieving a current company valuation of EUR 23. 232 mn. Cashbee offers a suite of financial products centered around savings and investment solutions designed for personal and professional use.

Key offerings include the Livret Cashbee with an introductory interest rate of 5% for the first two months and Cashbee Pro, which yields up to 2. 80% annually. These services cater to individual savers and small business owners, providing a digital application for easy financial management. Cashbee's portfolio also includes structured products, socially responsible investments, and real estate placements aimed at fulfilling the diverse financial needs of clients, predominantly in the French market and extending to various regions in Europe.

Cashbee generates revenue primarily through its financial services, particularly the Livret Cashbee and Cashbee Pro. Utilizing a direct-to-consumer model, clients access savings and investment accounts via the application. As clients deposit funds, they benefit from competitive interest rates, while Cashbee earns revenue through management fees related to investment products. The company emphasizes a transparent fee structure, aiming to maintain low management fees and fostering trust among users, thus attracting a growing base of retail investors focused on effective savings growth while adhering to responsible investment principles.

In July 2024, Cashbee SAS raised EUR 4. 73 mn in Series B funding from returning investor 115K, with participation from other unspecified and individual investors. The funding will be utilized to expand Cashbee's services, including the launch of new financial products, although specific timelines and product details have not been disclosed. Additionally, Cashbee is looking to expand its market reach, targeting new geographic regions in Europe to enhance its customer base.