Kasheesh, a NYC-based digital payment platform that allows anyone to split payment for online purchases across multiple combinations of debit and credit cards, raised $3m USD in funding.
Backers included included CEO of Fanatics and serial entrepreneur Michael Rubin, Grammy Award-winning rapper Lil Baby, FX’s superstar Snowfall actor Damson Idris, The h.wood Group co-founder and nightlife entrepreneur John Terzian, as well as Super Bowl winner Odell Beckham Jr and his business partner Ajay Sangha, Tribe Capital, Anthemis, Sahil Bloom and Robin Wright.
With this new round, Kasheesh has increased its investments to $8.5m USD.
Led by co-founder and CEO Sam Miller, Kasheesh provides a digital payment platform that allows anyone to split payment for online purchases across multiple debit and credit cards in any way they want, for free. Its free, web-based browser extension helps U.S.-based consumers across three main areas of online spending:
- reduced cost burden on individual cards per purchase,
- assisting in sustainably building credit scores and card rewards by utilizing any combination of cards versus just one, and
- maximizing financial privacy through Kasheesh’s auto-generation of a new encrypted VISA or Mastercard card number to use per purchase.
Launched in late June 2022, the company has facilitated over $40 million in transactions thanks to organic growth and without any marketing.
Kasheesh is currently only available in the U.S. and currently works on Chrome with expansion to other browsers including Edge, Firefox, and Safari soon.
FinSMEs
09/02/2023