Fortune Asia 2018-Kumar awarded top CIO by the Global CIO Forum!

Dear Cashaa Family,

This month is set to include a series of influential events for us! While being invited to speak at Unleash Blockchain Conference, Amsterdam from 10 -11 December 2018 and Hard Fork Decentralized, from 12–14 December 2018, we yesterday addressed our community at Fortune Asia 2018 on 5 December 2018 in Mumbai.

Fortune Asia 2018 was an event organized jointly by Tefla’s and the Global CIO Forum on Blockchain — Future Tech & Currency, and included the CIO 200 Awards, awarding the top CIOs that have left their mark on the industry in 2018.

Realizing the potential of the blockchain technology in enhancing various sectors, our Founder and CEO, Kumar Gaurav delivered a keynote speech over “The Future of Financial Infrastructure — Blockchain remolding financial services”. The video can be seen here.

The speech was followed by a panel discussion over “Blockchain Roadmap”, where Kumar shared his outlook along with other pioneers of the blockchain industry, namely Karthik Iyer, Founder, Blockchain Monk, Mumbai; Ashley Turing, Founder & CEO, Live Tree; Dr Evan Singh Luthra, Founder, EL Group International, Almora; Arvind Ravindranath, Associate, Nishith Desai Associates; Varun Sethi , Partner, Blockchain Lawyer and N S Nappinai, Advocate (Cyber Laws):

The panel discussion was followed by the Global CIO Forum awards ceremony, where Kumar received the award for top next-gen CIO 2018! This highlight of the conference certainly is also one of the highlights of the year for us and we would, therefore, like to say a big Thank You to our community for having come with us so far. All our awards would never have been possible without Your valuable support!

For further details about the event, see here.

Kumar will be in Mumbai until 15 December — let us know if you want to meet him!

For any queries and ideas, reach us at

For our full upcoming events calendar, please visit

Many thanks again,

Team Cashaa

One global Account for old and new Money

Celebrate an unforgettable Year 2018 and an even more successful 2019 !

Dear Cashaa Family,

It’s finally here!

December was the peak of an incredible year — Cashaa now has already been in existence for more than 2 years, and this one was by far the most exciting for all of us — let’s have a look and celebrate our achievements together as we build the future!

We started with the mission to bank the unbanked and realized that the biggest issue in the crypto revolution is that most of the communities in the crypto industry are struggling to get banked. So here we are, our initial version is dedicated to those businesses that are fighting with the corrupt centralized world, to make them a better place for all of us.

Finally!! The Crypto Industry has an option!

The wait is over, the launch of our global multi-currency crypto-friendly account has come about, and the first users are here! We had more than 60,000 sign-ups throughout the year, of which already hundreds have registered as users in the past weeks following our launch!

We welcome Crypto Businesses! We know crypto-related businesses are underserved by banks. Our goal is to create a hassle-free banking experience for ICO-backed companies, exchanges, wallets, and brokers. Come and discover the world of crypto-friendly banking.

This does not mean Cashaa is only for crypto companies; any business can open an account to get an IBAN in the same way they are doing now with Bank of America, HSBC or any other high street banks, with both security as well as facilities which existing banks are failing to provide.

As a community-driven “new age banking platform” we decided to go with a 100% fund protection scheme with European Central Institutions; this will ensure that all deposits in GBP and Euros are protected 100% with any leverage. Cashaa will not risk or leverage on any user’s funds as banks do.

All Cashaa accounts are inbuilt with the world’s first Compliant Multisig Crypto Wallet, which brings the benefits of decentralization to everyday use. We developed the most secure 3-Key architecture with inbuilt transaction monitoring. The Cashaa wallet will speed up innovation in the crypto industry with:

For our personal users, there is no monthly fee or onboarding fee; also, based on the community feedback, we have reduced the amounts of CAS required to access advanced features with higher limits!

Pre-register HERE to join the Revolution!

CAS — “Token for new-age banking”

The CAS sale was one of the most self-regulated token sales the world has seen so far; we made sure to follow the guidelines issued by ESMA(European Securities and Market Authorities) about the Prospectus Directive, Fourth Anti-Money Laundering Directive, etc. and did not get carried away with the crypto boom. In Q1 2018, the Cashaa team was working on the wrap-up procedures of our token sale and completing the AML/KYC checks and token distribution. Only 8,507 participants were accepted and obtained CAS tokens. We rejected participants’ contribution of 14.37 Million USD, in order to comply with ESMA guidelines. As a new age banking platform, we are keeping a close eye on the ESMA reports, to make sure we reach our goal of bringing crypto to mainstream. You can see the latest release of ESMA here.

After completion of the token sale process, we locked CAS for our team, advisors, company fund, community, and entrepreneurship fund, as per the roadmap, with an overall 3-years vesting period and with a 12 months cliff, respectively, to ensure everyone’s rewards are based on continuous commitment.

As a result of high the compliance process, around 192 Million CAS became available, which we decided to give to our loyal community members. The run-up to the first PoS token distribution in June certainly was one of the year’s highlights, as it was extended to all token holders, which gave everyone a chance to increase their stake and get rewarded accordingly. From June 2018 to December 2018, we, therefore, ended up distributing an overall 221,434,000 CAS and took the difference happily from our company pool to value Cashaa supporters.

We also got listed on a range of exchanges this year, for the full list where to buy CAS see here.

Top Bankers joined the Team

In 2018, we were honoured to be joined by 28 new members who were excited about our early successes and decided to leave some of the world’s top 10 banks to join Cashaa. Our founders from the new world of crypto were complemented by experts from HSBC, Barclays, Bank of America, JP Morgan Chase, Capital One, ICICI, and Axis.

For the respective team announcements, see here.


Cashaa started in 2018 in style, by celebrating its India launch at Taj Santa Cruz Mumbai, with panel discussions, keynote speeches and fireside chats, complete with a gala dinner for our community, policymakers, and bankers. Kumar’s welcome speech to the attendees

We have been invited to many conferences, of which some of the most notable included Money 20/20 in Las Vegas where we were featured as the top startup from Europe, as well as BBVA Open Summit in Madrid, and London Tech Week.

In addition to further conferences in London and Las Vegas, we also gave presentations in New York, Toronto, Dubai, Mumbai, Delhi, Bengaluru, Hyderabad, Bangkok, Warsaw, Amsterdam, Santa Clara, Kuala Lumpur, and Zagreb, amounting to over 30 valuable conferences. For our full list of events, see here.

Awards & Recognitions

Our innovative solution and dedication to solve some of the fundamental world problems brought us many awards and recognitions in 2018.

We were awarded “Technology Provider of the Year” at the 7th Small Business Awards in New Delhi, India’s most popular awards show for promising small and emerging businesses to get nationwide recognition.

Shortly after, TechCrunch nominated us as finalist for the “Hottest Crypto Finance Project” at The Europas Awards in London.

BBVA Open Talent, the annual competition held by Spain’s second-largest bank, selected Cashaa as one of the top three finalists for the Fintech for People Award, together with sponsoring us as Top Fintech Startup from Europe in Money 2020 in Las Vegas.

KPMG’s and H2 ventures selected Cashaa among the Emerging 50 Rising Stars, as part of their Fintech 100 list worldwide.

Eventually, a fabulous year ended with an award for Kumar as Top CIO, by the Global CIO Forum at Fortune Asia, 2018. See Kumar’s speech

All these achievements and our hard work helped us remain among the Top 100 Most Influential Blockchain companies since early 2017.

With 2018 being a year of accomplishments, we are entering 2019 with a lot more exciting updates! Check our Roadmap for what is in store for Q1 — After opening our onboarding services for European and Uk businesses, we are starting our onboarding for businesses from Southeast Asian countries from 20th Jan 2019.

Stay tuned for more updates on our website in the coming days — all the latest information and new interactive features are waiting for you!

Cheers for a wonderful New Year to all of you,

The Cashaa Team

The Next Generation Banking Platform

Meet our Chief Product Officer Archit at Blockchain Eventon, 5 February!

Dear Cashaa Family,

Remember how last December, the year 2018 was crowned with the CIO Award for Kumar at the Fortune Asia Conference? This conference is now back with its 2019 edition:

Blockchain Eventon — An event on Blockchain, AI & Future Tech, 5–6 February 2019!

Blockchain Eventon is a series of conferences in India and Dubai, focusing on the impact of blockchain and other new technologies on a variety of sectors, including legal, retail, financial services, healthcare, insurance, energy, music, government, real estate and more.

This time, our Chief Product Officer Archit Aggarwal will deliver a keynote speech on

“How is Fintech impacting India?”

If you’re in Delhi, make sure to join at 10:50–11:00 am IST at The Leela Ambience Gurugram Hotel & Residences, Gurugram, Delhi!

Other speakers include fellow blockchain experts Sunny Kumar (Chief Operating Officer, Auxesis Group), who will participate in a panel on how blockchain technology will change the way we do business; as well as Dr Evan Singh Luthra (Founder, El Group International) and numerous business and legal experts from all over the world.

For the detailed agenda, visit here.

If you want to join us, register here, or contact to get a ticket.

See you soon in Delhi!

Team Cashaa

The Next Generation Banking Platform

See how we started in the new Year! January 2019 Wrap-Up!

Dear Cashaa Family,

The first month of the new year is already over! After launching the first part of our wallet, we are now getting close to launching the second part and reaching our next milestone!

Exciting times, see what we’ve been up to in January!

Product & Partnership Updates

We have now surpassed 2000 users, businesses and individuals, who have opened a CMC wallet since we launched 2 months ago!

We have had further meetings with our partners in London to finalise our cards programme, add further partners, as well as to schedule the launch of our IBAN accounts, about which we’ll provide further details later this month in our weekly AMAs, where we’re explaining all you need to know on our products including CMC wallet, Cashaa Exchange, Cashaa API as well as IBAN account.

For more details what to expect from each session and how to join, check here; to see our promotional video, click here.

More updates coming on our new website, which is scheduled to be launched on 14 February. Meanwhile, make sure you have checked out our presentation and whitepaper.

On the exchange side, we are working on a new exchange partner to list CAS, stay tuned! For our current list of exchanges, see here.


Our team was invited to present at 3 events this month, starting with our Co-Founder & VP Marketing, Janina, who participated in the MKB Fintech Challenge selection camp, 9–11 January, Budapest, where she presented how Hungary’s leading Digital Bank can benefit of Cashaa.

Among 20 participants of the selection camp, Cashaa was selected for the MKB Fintechlab Programme starting in March 2019. While at first, the offer was connected to an investment, we are now able to decide separately on this, while in any case being invited to the program. We are awaiting further details, before deciding on posting a team member for 12 weeks to Budapest.

Our 19 January, our Chief Product Officer presented an outlook on 2019 blockchain trends at the StartAP festival, a major conference in the State of Andhra Pradesh which has taken an early lead in implementing blockchain technology and building a well-known community in its Fintech Valley Vizag.

Eventually, on 24th, Kumar was invited to speak on scalability at the Trustless Ecosystems event in London, see here. It was great to catch up with our London community and present them where we are!

Community Updates

We have updated our knights program, which now includes rewards for approved articles inside or outside Cashaa Medium — 6,000 CAS were rewarded for articles overall, the 2 articles of the month including:

The balancing act of a crypto startup and An ever-decreasing supply

Make sure you check them out!

Additionally, for January’s community members of the month, we rewarded 18,000 CAS.

As always, a big thanks to all, keep up the good work!

We are looking forward to what February has in store and to an ongoing great journey together! Thanks again to all for your ideas and valuable input in various areas!

Team Cashaa

The Next Generation Banking Platform

The Future of Financial Services — Meet Archit Aggarwal speaking at Blockchain Summit Mumbai!

Dear Friends,

Another great event is coming up, this time in Mumbai!

14 February, you`ll have the chance to meet our Chief Product Officer Archit Aggarwal at Blockchain Summit Mumbai!

Unicom’s Blockchain Summit Mumbai is a power-packed day with a range of professional expert speakers and over 100 delegates from Finance, regulation, industry, computer science and more, to discuss the numerous applications of blockchain technology.

Archit will give a keynote speech on The Future of Financial Infrastructure — Blockchain remolding Financial Services.

Time: 14 February, 2:00–2:45 pm IST

Venue: Ramada Plaza Palm Grove, Juhu Road, Juhu, Mumbai, Maharashtra 400049

If you are interested, make sure you register here.

Looking forward to an inspiring day with fellow blockchain experts and our community!

The Cashaa Team

The Next Generation Banking Platform

Cashaa’s CMC wallet — all you need to know from our first AMA session!

We hope you enjoyed last week’s AMA with Kumar! Our first session was focused on our main product, our CMC wallet.

For all those who couldn’t attend, here’s what it all was about — you can also access the presentation HERE.

Cashaa`s Multisig Compliance Wallet

Just in the past days, an exchange’s user funds worth 190 Million USD became inaccessible after the exchange owner died who was the only one with the keys. We saw once more one of the problems with exchanges: centralized systems. If exchanges keep your coins, they are at risk.

This is what the Cashaa Multisig Compliance wallet is solving. We are focused on 2 parameters, centralized compliance, and decentralization for security.

For compliance, we have a compliant server that keeps the record of crypto transactions and which kind of transactions they are. For example, if you have to do with an address linked to any illegal or suspicious activity, you will know that. For every transfer to an external address, Cashaa gives a real-time grade, which is calculated based on the risk indicators.

We have many sophisticated rules, e.g. if a person is claiming to have only an average salary, and suddenly is moving high amounts of Bitcoin, it will be checked by our compliance team.

Concerning security, We have a 3-key multisig architecture, which removes centralization and removes the risk of inaccessibility if you lose your private key, and so provides safe and secure storage for all your digital assets.

Furthermore, we will add data oracles for a compliance and fraud feed, which is in ongoing continuous development.

Eventually, we looked at the different account features and CAS requirements:

More updates coming soon on 14th February on the Website, also make sure you join us in the coming AMAs to learn all you need to know about our other products!
See HERE for all the details.

The second half of the session was for you and your questions, which came from a variety of areas:

1. When will we launch crypto-backed lending?

We do not see this in our immediate roadmap, due to the market situation. However, we clearly see that it needs to come sometime and we’ll look at including it at a much later stage.

2. More details about the 100 % fund protection, what does it mean?

If an exchange goes bankrupt or gets hacked, your funds are lost. If you see Cashaa’s architecture, Cashaa never has any control over the funds due to the multisig structure. Cashaa can never do anything which is not asked by the user itself. This is the advantage of the decentralization movement.

If you put your money in a bank or any financial institution, they only have the responsibility to keep 2%, for the rest they can do whatever they want, including playing with it. Cashaa is not using any user funds, crypto of fiat, for anything, our revenue generation is completely different. User funds will be in a segregated account by the Bank of England. This makes Cashaa clearly different compared to traditional banks.

3. Are you thinking of using QR code for payments?

Yes, we will talk about this in the API session, how different businesses can include this, and start accepting payments in crypto and get instant access to 200 different currencies including INR in their bank account.

4. Given that regulation changes, how does Cashaa keep up?

This was a very good question, which is our continuous task, not only building something but continuously watching and keeping up with different regulators. If you look at the past 5 years, all their requirements make sense and are required anyway, such as consumer protection, security and not relying on any centralized system. Any system with its fundamental design based on these points is sustainable, will not see disruption and can just be complemented with new policies and frameworks getting added to make it more mature.

5. If the government blocks Cashaa, are my funds still accessible?

We will release the algorithm used to encrypt the private key given to users and you can withdraw your funds yourself.

6. More details about CAS utility?

In this session, it was clear that CAS is to get the membership. We will talk more about the utility in the next session, about where you can use CAS tokens in the fee. Some of the activities today when paying USD, will be replaced with CAS including huge discounts.

7. There was news about a partnership with a leading wallet in India?

Any partnership in India has been put on hold, as long as cryptocurrency regulations in India are not clear.

We hope your questions got answered, and are looking forward to seeing you again next session!
For any feedback, contact

The Cashaa Team

The Next Generation Banking Platform