Here you can find the most important press releases since CASHY was founded.
Why going to a pawnshop is a sensible alternative to other forms of financing.
More than 50 percent are pessimistic about the future. A third are looking for financial support
The summer vacation is coming to an end and school is starting. The financial burden of starting school is a major challenge that many parents can no longer cope with. In the event of financial difficulties, short-term pawn loans can be a solution.
Travel is becoming increasingly expensive: tourism experts are talking about price increases of 20 to 30 percent. The Austrian online financing portal CASHY offers a short-term solution to top up your vacation budget.
CASHY secures an investment of 6 million euros. The financing round is led by the new CASHY investor Katharo Ventures (Wolfgang Platz).
9.87 million euros transaction volume in Vienna. Graz in second place, followed by Linz. Viennese are the least likely to use their car as collateral. Watches pawned twice as often by Viennese. Styrians and Upper Austrians pawn smartphones two thirds less frequently than Viennese.
Germany is the number one pawn loan market in Europe. However, there was no digitalized valuation service there until now. In less than three years, CASHY has become Austria's largest online financing portal for asset-based loans for private individuals and companies that need money at short notice. Now the expansion continues.
For a long time, there was speculation as to who would secure the vacant space on the red jersey; now it's fixed: the online financing portal CASHY is the new, strong partner for the most prominent spot on the jersey.
Online financing portal CASHY observes increase in pawn loans at the beginning of the year. Smartwatches, games consoles and televisions are pawned particularly often.
CASHY starts its internationalization with the first store in Germany. Subsequent expansion with an extension of the store network in Germany and other comparable European markets is already being planned.
The Viennese fintech start-up CASHY was able to convince investors in a new financing round and secured an investment of € 1.7 million. This ensures full coverage in Austria and also marks the start of the company's internationalization to Germany.
CASHY hit the jackpot of 300,000 euros on the start-up show "2 Minuten 2 Millionen" on PULS 4. The 2-minute pitch won over none other than C-Quadrat founder and CEO Alex Schütz.
An independent test carried out by the Styrian Chamber of Labor together with the VKI gave the Austrian fintech an excellent rating in terms of value for money and transparency. Customers probably have a similar opinion. After two stores in Vienna, CASHY is planning another location in Styria.
The Viennese software platform CASHY receives an investment in the millions. The seed financing round is led by aws Gründerfonds, with existing investors KK Incube Invest Management GmbH and Michael Müller also participating in the round.
The Louis Vuitton given as a gift by friends, the supposed Prada bargain from a vacation and the "guaranteed genuine" Hermès from the vintage store - many owners of designer handbags are plagued by doubts about the authenticity of their expensive purchases. If you don't want to get into trouble when reselling, you need a certificate of authenticity.
On cashy.at, collateral can be sold or pawned for a short-term loan within seconds. A recent study by the Austrian start-up shows in which Viennese districts most items are turned into cash during the coronavirus crisis.
With the founding of paysafecard, Michael Müller laid the foundations for one of the world's leading online prepaid payment methods. After his exit, the Viennese is now involved in CASHY. The fintech start-up based in Vienna is revolutionizing the dusty pawnbroking market.