Cashwave allows customers (all over the world) to send money to family and friends across borders in the form of prepaid electronic gift cards.
Recipients claims the funds sent In-store at a retailer location and can use them immediately to buy goods and services.
The retailer bears the majority of the cost of transfer.
The funds are available to the recipient instantly (for repeat customers) including Saturday and Sunday.

Cashwave is focusing on central and eastern european countries (CEE). Bulgaria is pilot market, where we work with ReWe Supermarket brands BILLA and PENNY. We are in ongoing discussions with Lidl (Germany) as well as several Turkish partners.

Cashwave capitalises on a major trend of disconnecting basic banking services from the traditional bank account. The company allows
cross-border electronic transfer of money without the need of physical cash OR a bank account.

Cashwave’s business model is based on a commission which retail partners are paying for funds tr...
Cashwave allows customers (all over the world) to send money to family and friends across borders in the form of prepaid electronic gift cards.
Recipients claims the funds sent In-store at a retailer location and can use them immediately to buy goods and services.
The retailer bears the majority of the cost of transfer.
The funds are available to the recipient instantly (for repeat customers) including Saturday and Sunday.

Cashwave is focusing on central and eastern european countries (CEE). Bulgaria is pilot market, where we work with ReWe Supermarket brands BILLA and PENNY. We are in ongoing discussions with Lidl (Germany) as well as several Turkish partners.

Cashwave capitalises on a major trend of disconnecting basic banking services from the traditional bank account. The company allows
cross-border electronic transfer of money without the need of physical cash OR a bank account.

Cashwave’s business model is based on a commission which retail partners are paying for funds transferred to their stores and a FOREX spread.

RETAILER'S BENEFITS: Participating retailers benefit from increased footfall, higher-than-normal shopping basket size and increased customer retention & loyalty. Furthermore Cashwave builds a transaction record allowing retailers to build better customer purchasing power profiles in order to offer value added services such as consumer credit etc.

Customers love our product because it works like cash, with no need to interact with the formal financial system for a simple money transfer function. Money arrives instantly and can be used immediately, including Saturday, Sunday and public holidays.
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betapitch | 2015
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betapitch | 2015 Startup competition organized by betahaus coworking family

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