Blockchain and cryptocurrencies are considered as the most important inventions after the internet. But like any other disruptive technology, it has gone through criticism by existing power owners whose existence has become threatened due to new inventions. But despite all the criticism, a few people never let their spirit die.
This year TechXLR8 is hosting the Blockchain for Business Summit in partnership with the UK Government’s Department of Business, Energy and Industrial Strategy. The summit focuses on real-world use cases from industries and business leaders who are reaping the rewards of blockchain right now.
Cashaa’s vision of banking the unbanked received many recognitions such as being included in the Fintech100 list for 2018 by KPMG, nominated as top 3 “Fintech for People” Startup by BBVA, nominated as a finalist in TechCrunch’s 2018 The Best of Europe Fintech Projects and many more awards.
But Finally, in April 2019, we launched our online banking services for all the banking needs for global businesses, which made us more than just noise in the blockchain industry. Cashaa became a part of a few companies in the blockchain industry with a product, solving a huge problem for businesses.
While the team is polishing the product every day prior to start our marketing with a global launch at Consensys 2019, the industry recognized the sacrifice and hard work done by Kumar to build Cashaa. He has been nominated for the “Blockchain Innovator Award”, which will be awarded at the Blockchain for Business Summit on 12–13 June 2019.
The Blockchain Innovator Award will recognize the outstanding achievements of an individual who has implemented blockchain technology in business in the most innovative way. In addition to a trophy, the winner will get exposure to a global audience of millions of people across the many industries blockchain will transform.
Kumar is working hard to make Cashaa a great company which can change billions of lives, now it’s your time to VOTE HERE to make sure we get the best out of this great opportunity! The winner will be chosen by community voting only — participate now and get all your friends and family to vote, too!
What’s in for you?
Show your support and show the world you are part of the banking revolution which is on the way, started by Cashaa. You’ll also get a discount code for 200 GBP on the Blockchain for Business Summit ticket, as well as a free TechXLR8 Expo pass after completing your vote.
How it works:
Voting deadline: 07 June 2019 The shortlist has been published, and voting has started now. Everyone can only vote once, so it is especially important to get as many people on board as possible!
Winner announced: 13 June 2019 The winner will be announced at the Blockchain for Business Summit event at the ExCeL Conference Centre in London.
We can do it! Spread the word as much as possible, and we’ll celebrate in June together!
Following an outstanding month of April with the launch of our business plans as well as the ability to buy crypto with credit and debit card from your wallet, we are looking forward to the coming weeks which will mark the launch of a multitude of Marketing efforts, starting with Consensus 2019 in New York, 13–15 May!
Before that, let’s come together coming Friday, 10 May, 15:30–16:10 BST, for our monthly community AMAs!
Aside from going with you through any questions and feedback you may have about last month’s launches, as well as a general AMA session in the end, the main topic discussed will include the question of what we will do with the CAS that we have collected as fees!
CAS is a vital part of our ecosystem and we understand that any decision related to it is of huge importance to our community, many of whom are long-term supporters and have bought CAS as early as 2018. Since our last AMA, we have collected your feedback on this topic and would like to invite anyone who still wants to submit their ideas related to CAS here. When providing your email address in the form, make sure it is the one you registered your Cashaa account with.
We are looking forward to discussing with you, join in via Zoom here (dial-in numbers here).
We are requesting all our community members to join to get all the information first-hand and the chance to give further input.
Consensus 2019, the yearly industry-leading event attracting over 2500 blockchain enthusiasts from all over the world, which for many years has been the number one place to be for anyone in this space, is approaching fast, and we have a lot of exciting news to share with you!
Meet Kumar and Janina at New York Blockchain Week, and make sure you visit them at Cashaa’s booth #313 at Consensus, 13–15 May!
We are a proud sponsor of Consensus this year, having come a long way since the last edition of this outstanding conference, and now being able to present our live banking platform to thousands of attendees. We are looking forward to meeting all the relevant businesses of the space, helping them with the banking solution they’ve been looking for and solving one of their most urgent needs.
The run-up to Blockchain Week — here’s what you need to know!
We are giving one Consensus ticket away — this is an opportunity for one of our community members to become our lucky winner and get a free ticket, meet the team, witness the launch of our personal plans, and become the first person to get your personal Cashaa UK bank account!
To win, you need to be the first one emailing us that you want to win, and you need to have already subscribed for a Personal account higher than Blue plan. Please email firstname.lastname@example.org, using the email address you registered with — First come first serve!
Aside from that, we’ll have plenty of giveaways including fee discounts and goodies which you can get as an attendee!
What to do during Blockchain Week — make sure you put these dates in your calendar:
The highlight will be our Cashaa booth #313 at Consensus, 13–15 May, 9am — 6pm (The Hilton, Midtown, 1335 6th Ave, New York) which also marks the start of the pre-registration for our personal UK current accounts with Mastercard! We are looking forward to meeting you all there and get you onboard! Register HERE for your Consensus ticket now.
Kumar and Janina will have arrived in New York on 12 May and will stay until 17 May — if you want to arrange a meeting contact email@example.com!
We will have a community meetup on 14th May after 6pm at the Bridges Bar, Hilton Hotel Midtown — a great opportunity to have a longer conversation with us and network with other Cashaa friends & users!
This is going to be an incredible week with a massive potential for the growth of Cashaa, we can’t wait to see you all — ONLY ONE WEEK TO GO, share this great news with everyone in your network!
We went live with our business accounts (Start, Standard, and Advanced) on 8 April, giving small and large businesses from the crypto space and outside everything they need. You can find all the details on the plans here, as well as on our fees and limits here on our updated website, where we have also added our updated roadmap until the end of 2019 here.
A much-needed feature was added to our wallets, the ability to buy crypto with credit and debit cards for businesses and individuals, which was very well-received by our community and beyond, due to our cheap and transparent pricing and high limits compared to the industry.
We now enable you to fund your wallet in over 200 local currencies via SWIFT, SEPA, FPS, credit and debit cards, see here, for more details on all features enabled for personal accounts so far, see here.
Furthermore, we have conducted a monthly AMA, where we saw a big increase in attendance and responses, with one topic starting to be discussed: What will we do with the tokens which we receive as fees? We have called for your opinions, which you still can submit by filling our form here. We will discuss the different options in the coming AMA, 10 May.
As always, we are happily sharing the most recent user numbers: 257 businesses and 2761 individuals have now trusted us with their banking matters!
Additionally, our ongoing commitment to transparency was recognized by Binance Info’s transparency initiative, from which we got verified with their V Label.
This month, Kumar and Janina presented at 2 conferences — Coinfest, a highly popular, annual community-driven event organized decentralized around the world, where Janina participated in the Manchester edition, in a panel discussion on a variety of topics related to the future of cryptocurrency:
On 12 April, Kumar was a speaker at Global Blockchain Forum Mumbai, participating in discussions on a cross-industry perspective on blockchain, as well as on blockchain transforming financial services — watch the video here.
We also announced 2 major events coming up for us:
Blockchain Week New York, where we are proud to participate as a sponsor at Consensus, 13–15 May, meet over 2500 attendees at our booth 313 and launch our personal UK current accounts! Make sure you check our full announcement here.
In June, we will participate in London Tech Week, where Kumar has been nominated for the Blockchain Innovator Award for his outstanding achievements in solving the banking issue in the crypto space, one of the most frequent problems businesses have struggled with.
Make your vote count and get as many people to vote for Kumar as possible — all details here!
Cashaa in the Media
Our two main announcements of our business plans and card payments launch gained a lot of attraction, resulting in the following media coverage:
It has been a hell of a journey for the crypto industry, with 2017–2018 has been the year of ICOs, where projects with all kinds of ideas came and either disappeared or have not delivered anything. The market crashed more than 90% of its value and from a mark of 1 Trillion Market Cap, we started hoping to not go below 100 Billion. But despite all the challenges, some companies stuck to what they have, to build and change the face of the industry, not because of money, but because they believed that crypto is not just about the money. It is a revolution that is essential for the human race. Irrespective of the market situation, Cashaa takes pride in what we were doing for the community, and congrats all the tokens holders for being part of this roller coaster ride with us.
We started with the mission to bank the unbanked and found out that before taking the power of Bitcoin to the unbanked, we have a lot of work to do in banking those exceptional businesses who are working day and night to bring the change to the world.
We went live last month with our initial beta version where more than 300 businesses registered with us, hoping to get rid of their banking problems. We heard them, we learned from them and finally, we started our business accounts to empower businesses in the UK and around the world.
We also build the exceptional CMC wallet, which was a state of the art wallet to stick to the basic principle of the decentralization movement “Your Keys, Your Bitcoin”. Our CMC wallet became a classic example of how compliance can be managed even with decentralized applications.
Many of you have been following our steps over the past years and have made their contributions, be it through making suggestions to the team, reaching out to exchanges and other possible partners, helping other community members, and spreading the word everywhere — now is your chance to shine even more!
We are growing our wonderful team of 20 product and technical experts in Mumbai with new talents!
Join our internship program and take part in leading us from
“Cashaa 1.0 to Cashaa 2.0”!
What does that mean?
Now that the platform will be launched, we are looking to increase our expertise in technology, operations, compliance, and financial areas. As our intern, you’ll have the opportunity to make your impact in one of the fastest-growing Fintech companies today.
You’ll work in our Mumbai office directly with our Founder & CEO Kumar Gaurav, our Co-Founder & VP Technology Amjad Raza Khan as well as with our Chief Product Officer Archit Aggarwal, and many great people who are looking forward to welcoming you. On the business development and marketing side, you’ll also be working with our Co-Founder & VP Marketing Janina Lowisz.
Have you built awesome products in the past and know what it takes for Cashaa to reach the top? Have you managed the balancing act between staying at the forefront of innovation while at the same time making sure all adheres to the highest compliance standards?
Send us your application now to firstname.lastname@example.org — Although we hate to have minimum criteria for talents, for the compliance and finance department, a minimum of 10+ years of experience is compulsory, while for technology, min. 3+ years of coding practice is important.
You do not have to leave your current job, you will be working on part-time and weekends until you are impressed with our team’s mission and way to change the world.
Internship/Job positions include:
Financial Crime Expert
Tech Operation Manager
Business development manager
We are sure many of you also have a big network of contacts that would be excited to join — feel free to share these opportunities with anyone you can think of for these positions!
Looking forward to becoming the leading crypto challenger bank together!
Thanks to all who joined our monthly Community AMAs yesterday, for all who couldn’t make it, here’s all the very latest. May has been a month full of new contacts in all relevant areas, which we can’t wait to share with you!
Our business accounts are continuing to attract a huge number of businesses, so far 362 have registered since we launched on 8 April 2019, of which 17 got approved, 16 are being processed and 19 got rejected so far. We are working on hiring and training new staff to achieve more onboarding.
Concerning personal accounts, we are in time from a technical, compliance and regulatory perspective, with the roadmap having preponed the launch from Q1 2020 to Q3 2019. The earliest beta accounts will be given to the community in July 2019.
Concerning customer support, we currently have a turnaround time of 6–24 hours. In some cases, it may be higher, and we did not have availability on weekends so far. To solve both these issues, we are also hiring and training more team members for support.
Thanks to our customers for their kind feedback which helps us enhance both these areas, which are very important to enable us to capture our leads, which currently are running more ahead.
Marketing & Sales
Our last month was a full success, with 2 major conferences, Consensus 2019 and Malta Blockchain Summit:
At Consensus, we got over 70 new customer signups and over 30 new partners for sales, white-labeling, product enhancement, and investment. More than what we expected, this includes 2 major white-labeling partners that have over 3 million users, as well as 4 strategic banking partnerships with leading industry foundations for direct customer onboarding.
Most notably, in Consensus, we realized if we are able to onboard US customers, we can double our growth rate and token utility, which we are now working very aggressively on, aiming to enable it in this quarter.
At Malta Blockchain Summit, similarly, we got huge interest from many businesses of the industry, especially from ICO companies who are looking to white label our solution for their community. On the white labeling side, it can take time to enable that, but it is a huge business opportunity to get millions of customers, and we are working on deciding the date to enable that. Overall, in Malta, we were able to attract over 40 customers and 15 partners.
Concerning Marketing, we have done a fixed banner ad in Coinmarketcap, where you pay for 24 hours and see results. We have run them on Tuesdays/Wednesdays to stress test our system and see e.g. how many and which kinds of leads are coming from which country. The results include many individual users compared to business users, however, it also brought business use cases, and most important were the test results for our team to make enhancements. Now on 23rd/24th June, the ad will run for 48 hours to see how the system is behaving, how the response is, and the ads will be more focused on how our token is helping businesses and banking the crypto community.
Other than that, we are also planning CPM ads. Google and social media ads focused on product and banking will start in July.
Referral Marketing (Business Customers) for Individuals
We would like to leverage our great community by introducing referral programs. If you as an individual bring business customers, you get our banking services including a MasterCard early at no cost, in July (while regular accounts will start in September), if you are a resident of Europe/UK. Outside Europe, not all features may be available yet, however, it will include already the overall banking service including IBAN and UK current account as well as interest on deposits, which we are now working on with partners to make it live in July. One business customer is enough for one individual to get you the banking services.
What if you bring more businesses? With every successful business, you get 150 USD in your Cashaa account which you can spend through your MasterCard, or which you can get in your existing bank account.
Additionally, you will also get updated to a higher plan with fewer CAS tokens required.
Please note, to participate in our referral program, you need to hold a stake of 50,000 CAS.
Detailed instructions on this program will be issued on 10th June.
Referral Marketing (Business Customers) for Businesses
We are looking for complementary businesses to become our partners, such as accounting and law firms that are helping businesses set up in innovation-friendly jurisdictions that attract crypto businesses and other relevant industries. These firms will act as our local representatives and will assist their clients in opening an account with us.
As our partner law/accounting firm, for every successful business onboarding, you get 500 USD. To participate in this program, a minimum stake of 100,000 CAS is required. More information will be given on 12th June.
CAS Token Updates
The reasons to halt the CAS token trading, as well as the CMC listing, include giving the team time to act, preventing the impact the price from stolen tokens, as well as to demotivate bad actors in general.
CMC can be used by scammers to show the CMC rank in an OTC deal, therefore it was important to halt that as well.
Concerning a token swap, the decision is not final yet, we are working with the relevant teams to evaluate the feasibility.
A swap will only happen with a community vote. Stolen funds will be shared with the community, to show its strength and unity. (Details will be given in a sperate ANN)
Please always remember the importance of keeping your tokens safe, no matter the amount you hold, whether 1 CAS or 100 Million CAS.
Lastly, we would like to remember you to join our official Telegram group to always stay up to date: https://t.me/cashaanews