Instacash
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Instacash - overview
Established
2020
Location
-, -, Peru
Primary Industry
Financial Services
About
Based in Lima, Peru, and founded in 2020, Instacash Peru S. A. C. is a provider of software-as-a-service guarantee technology based on credit card pre-authorizations, giving merchants the power to keep credit card lines available as collateral.
In March 2022, Instacash Peru S. A. C. raised USD 0.
50 million in venture funding from 500 Global, Alaya VC Capital, and Winnipeg Capital. Luis Chau (CEO), Juan Jose Roca Rey Valdez (CFO), and Sebastian Burgos Diaz (CTO) are the co-founders of the company. The company provides products, including loans and investments. The firm develops credit technology that allows people to lend money to each other through its marketplace, using credit card preauthorizations as collateral.
Instacash's technology is based on blockchain, AI, data science, and machine learning to solve the money inequality problem. The organization plans to use the March 2022 funds to expand from Chile to the entire region.
Current Investors
500 Global, Alaya Capital, Winnipeg Capital
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance, Internet, Accounting/Finance Software
Website
www.instacash.pe
Verticals
Blockchain, Cloud Computing, FinTech, FinTech
Company Stage
Early Stage
Total Amount Raised
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