Company Information

Get to know Cashew Payments

Founded in 2019, Cashew Payments established itself as a prominent Buy Now, Pay Later (BNPL) provider in the UAE and Saudi Arabia. The company's core service allows customers to purchase goods and services from partner merchants and split the cost into interest-free installments, payable over a short period. In 2021, Cashew was acquired by Mashreq Bank, one of the leading financial institutions in the UAE. Following the acquisition, Cashew's technology and services have been integrated into Mashreq's broader digital banking and payments ecosystem, now offered as a feature for Mashreq's customers and merchants.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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Cashew Payments

United Arab Emirates

Founded in

01 Feb 2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.