Cashew was conceptualized nearly two years ago to make it easier for people to access finance for their shopping needs. At Cashew we are positioning ourselves as a pioneer of instant digital finance in the MENA region by providing consumers the possibility to buy products and pay later with flexible payment options:
* DELAY – Pay After Delivery
* DIVIDE – Credit and debit card Installment Plans
* DEFER – New credit line without a need for credit or debit card.
We are a payment platform that enables merchants, consumers, and financial institutions to conduct real-time transactions (Digital financing and payment on installments). Our data-driven platform allows consumers to obtain access to instant finance thanks to our underwriting system that takes into account multiple factors including structured and unstructured data which help us conduct soft credit scores check without impacting the user's AECB credit score.
At Cashew we:
* Provide our customers with the ability to “buy now, pay later” by either utilizing their existing credit card/debit card or apply for a new credit line without incurring any type of hidden fees.
* Enable point of sale finance, and extended it to all sectors of the economy
* Target the Middle East retail market with a focus on sales through credit
* Enable merchants to offer end-consumers installment-based payment options
* Provide merchants with a tool to increase sales, increase average order values, and reduce cart/checkout abandonment.