Cashbee, a Personal Savings Fintech App, Acquires Additional Funding

Cashbee are pleased to announce their €7.5M capital raising and would like to highlight key aspects of this transaction.

The Cashbee investment round is led by MIF (Mutuelle d’Ivry La Fraternelle) with the participation of several of their historical shareholders, “including 115K, La_Banque Postale ‘s investment fund.”

They are delighted to welcome MiFID as a shareholder.

The fintech fully identifies “with the values of transparency and pedagogy of this mutual insurance company, created in 1865.”

These funds will serve three specific purposes:

  • Expand their range of investment solutions, while remaining true to their principles of simplicity and accountability;
  • To improve, again and again, the customer experience of their users. Yes, to make it even simpler, they will always need more tech.
  • Strengthen the support and personalized investment advice of their users/investors.

Cashbee says it has grown steadily and become the digital savings platform.

The fintech firm added that it appreciates the support of its shareholders, from the most recent (MiFID) to the oldest, who have been at their side for more than 4 years, with a special mention to the members of their Supervisory Board.

Cashbee is also appreciative of the support from the teams of Banque Hottinguer and Joffe & Associés.

Cashbee are excited to continue their growth, and to serve more and more savers.

As noted by its management, Cashbee claims it is a responsible & digital savings platform which reportedly “makes no compromises on the safety or availability of your funds.”

It allows you to give meaning “to your savings, and manage them very simply, from your smartphone.”

Subscription takes less than 6 minutes and is entirely free.

Either to simply put your dormant “cash to work, on a remunerated cash savings account. And/or to invest your money for the longer term, according to your convictions (Climate, Inclusion, Tech or Impact), via 100% ESG labelled long term savings plans.”

Cashbee is convinced that financial returns and sustainability, intelligent savings and responsible engagement “can and must go together.”

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