QashioThe Most Complete Spend Management Solution
UAE-born B2B fintech powering corporate cards and automated expense management across 22 countries with locally issued cards. First MENA spend platform to surpass AED 1B in transaction volume. Profitable.
FROM THE EDITOR'S DESK
Qashio achieved profitability with $1.2M in Q1 2025 profit before raising $19.8M in Series A — a rare sequence that signals genuine commercial traction. The company was the first spend management platform in MENA to surpass AED 1B in transaction volume, with locally issued cards across 22 countries.
The expansion pace is relentless: five offices in 12 months spanning Saudi Arabia, Jordan, Abu Dhabi, and a European HQ in Dublin housing 100+ staff. The Sanad Cash acquisition and Dubai Chambers partnership embedded Qashio deeper into the SME ecosystem. Dual revenue from transaction fees and SaaS subscriptions makes this a fundamentally different business than single-market card startups.
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FUNDING HISTORY
NEWS ABOUT QASHIO
Dubai Chamber to Highlight Digital Ecosystem at GITEX AI Europe
The Dubai Chamber of Digital Economy will serve as the official Digital Economy Partner for GITEX AI Europe 2026, showcasing Dubai's digital ecosystem. The initiative aims to connect European startups with opportunities in Dubai, featuring five Dubai-based companies.
Qashio Partners with NEXA AI Lab for Finance Automation
UAE-based spend management platform Qashio has partnered with NEXA AI Lab to integrate AI-powered automation into finance workflows. This collaboration aims to accelerate AI adoption for finance teams across the UAE.
Dubai Chambers Partners with Qashio to Empower SMEs
Strategic partnership equipping Dubai SMEs with digital corporate cards and automated expense management.
Qashio Launches European HQ in Dublin With Irish and UAE Government Support
Qashio opens fifth office in 12 months, establishing Dublin as European HQ and R&D hub with plans to hire 100+ staff.