FundedIQ
Commerce and Shopping

Cashew Payments: Funding, Investors & Team (Sep 2026)

Cashew is a buy now, pay later platform that allows its customers to shop now and pay later in equal monthly installments. Its platform offers a point of sale financing with curated credit lines and also provides an option to split payments into installments or simply delay them to up to a fortnight, all without any hidden fees. The company was co-founded by Ammar Afif and Ibtissam Ouassif in 2019 and is headquartered in Dubai, United Arab Emirates.

www.cashewpayments.com LinkedIn Dubai, United Arab Emirates 51-100 employees
Total raised
$10.0M
Rounds
2
Latest
Undisclosed round
Apr 2023

Cashew Payments has raised $10.0M across 2 funding rounds on record, the most recent an undisclosed round announced in Apr 2023.

Cashew Payments Company Profile and Key Stats

Total funding raised
$10.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
Apr 2023
Employees
51-100
reported band
Headquarters
Dubai, United Arab Emirates

Latest funding round on record: Apr 2023.

Cashew Payments Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Undisclosed
$10.0M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Cashew Payments raised $10.0M in an Undisclosed announced in May 2022.

11 months later, an undisclosed round was announced in Apr 2023 with no disclosed amount.

Cashew Payments Founders and Leadership Team

Name
Role
Contact
Ibtissam Ouassif
Founder
Locked
Ammar Afif
CEO
Locked

Contact details for the Cashew Payments team: 2 of 2 have an email address on file.

Start 14-day free trial →

Cashew Payments Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

Funded Startups Like Cashew Payments in Commerce and Shopping and Dubai

Companies Similar to Cashew Payments

Zuvees offers online flower and gifting services focused on handcrafted arrangements and curated gift…

Series A $1.6M

Peekabox is a food-tech that sells fresh surplus food from cafes, restaurants and grocery stores at…

Pre-Seed $1.5M

Revibe is an online platform in the United Arab Emirates and Kingdom of Saudi Arabia that connects customers…

Series A $17.0M

Budget offers car rental and leasing services.

Undisclosed round $2.5M

BOSO is an advanced digital marketplace that incorporates AI-powered automation to enhance user experience…

Pre-Seed $600k

Founded in 2017, Eyewa has swiftly emerged as the premier eyewear destination in the Middle East. We are…

Series C $100M

At invygo, we are more than just a global leader in car subscriptions. We believe in the transformative power…

Series A $8.0M

Plain Tiger is a B2B platform that allows hotels to easily and affordably find and purchase from trusted…

Seed

FlapKap creates a financing platform tailored to the needs of e-commerce and SaaS businesses, with the goal…

Seed $34.0M

Revent's goal is to assist 100,000 small and medium-sized enterprises in the Gulf Cooperation Council (GCC)…

Pre-Seed $900k

Immensa employs advanced technologies like Additive Manufacturing to convert physical spare parts into…

Series B $20.0M

Kaso is a technology-driven platform that links restaurants with suppliers, allowing them to easily replenish…

Seed $10.5M

Cashew Payments Funding FAQs

What does Cashew Payments do?

Cashew is a buy now, pay later platform that allows its customers to shop now and pay later in equal monthly installments. Its platform offers a point of sale financing with curated credit lines and also provides an option to split payments into installments or simply delay them to up to a fortnight, all without any hidden fees. The company was co-founded by Ammar Afif and Ibtissam Ouassif in 2019 and is headquartered in Dubai, United Arab Emirates.

How much funding has Cashew Payments raised?

Cashew Payments has raised $10.0M across 2 rounds on record.

When did Cashew Payments last raise funding?

Cashew Payments' most recent funding round on record was announced in Apr 2023. The amount was not disclosed.

Who founded Cashew Payments?

FundedIQ lists Ibtissam Ouassif (Founder) at Cashew Payments.

Who is the CEO of Cashew Payments?

Ammar Afif is listed as CEO at Cashew Payments.

Where is Cashew Payments headquartered?

Cashew Payments is based in Dubai, United Arab Emirates.

How many employees does Cashew Payments have?

Cashew Payments is in the 51-100 employee band.

About FundedIQ's Cashew Payments Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Cashew Payments is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.