Cashbee, the leading mobile savings and investment platform, has closed a €7.5 million financing round with La Mif and its historical shareholders, including Banque Postale, My Money Bank and other business angels.
Find the link to Cashbee’s original post here.
Cashbee, the leading mobile savings and investment platform, has closed a €7.5 million financing round with La Mif and its historical shareholders, including Banque Postale, My Money Bank and other business angels. Joffe & Associés (Thomas Saltiel, Charlotte Viandaz and Rudy Diamant) acted for Cashbee in this transaction.
Cashbee is the first application to offer simplified access to a full range of savings products, from interest-bearing bankbooks to long-term investments, directly on a cell phone. Renowned for one of the best-performing interest-bearing passbooks on the market, in partnership with Crédit Mutuel Arkéa group subsidiary CFCAL, Cashbee offers French savers a variety of investments. These include thematically managed life insurance (Climate, Inclusion, Tech, Impact), structured products, real estate, commodities and private equity.
Thanks to this fund-raising and the confidence of a new reference investor, Cashbee aims to expand its offering for French savers by enriching its range of savings solutions with the best investments on the market, offering a more intuitive and efficient user experience thanks to new technological developments, and promoting financial education while strengthening its teams of advisors, to support savers in managing their personal finances.
When we launched Cashbee five years ago, our ambition was to meet the new expectations of French savers: simple savings with greater yield, flexibility and responsibility. Today, the fact that a leading mutual insurance company like MIF, which has been committed to its members for over 160 years, has joined our project alongside our historic shareholders, is a testament to the reliability of our offerings and an honor for us. We are particularly enthusiastic about the idea of collaborating with the MIF teams, sharing the values of financial education that unite us, and creating together a real synergy of customers to respond ever more faithfully to the demands of French savers and facilitate their day-to-day financial experience, directly from their smartphones”, say Marc Tempelman, Cyril Garbois and Chaker Nakhli, co-founders of the platform, in the official Cahsbee press release.
