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Cashea Raises $100M to Expand Interest-Free Credit in Venezuela
Venezuelan fintech Cashea raised $100M from global investors to expand interest-free consumer credit. The funds will support new financial products and merchant tools.
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Cashea, a Venezuelan fintech that offers interest-free consumer credit, has closed $100 million in institutional funding. The round consists of a $40 million Series A that closed in March 2026 and a $60 million Series B that closed in June 2026, the company said Tuesday.
Spice Expeditions led the Series A with $20 million in equity and $20 million in debt from Architect Capital. FinSight Ventures led the Series B, with contributions from Spice Expeditions, Endeavor Catalyst, U.S. endowments, and international and Latin American investors.
The round is one of the largest ever secured by a Venezuelan fintech. It signals growing investor confidence in the country's private sector after years of economic contraction, the company said.
Cashea was founded in 2022 by Pedro Vallenilla to restart consumer lending, which had shrunk dramatically during Venezuela's prolonged crisis. The service lets shoppers buy items online or in stores with 0% installment plans. Customers make a down payment through the Cashea app and pay the remaining balance in bi-weekly equal installments.