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§ Private Profile · Dubai, United Arab Emirates
Qashio is a technology company.
Qashio provides a comprehensive spend management platform to streamline corporate financial operations. Its core product integrates corporate cards with robust expense management and accounts payable automation. The platform features unlimited corporate cards, multi-entity management, customizable approval workflows, and seamless ERP integrations, enhanced by AI-based receipt matching for improved efficiency and control over expenditures.
Founded in 2021 by Armin Moradi and Jonathan Lau, Qashio arose from the founders' backgrounds as finance leaders. They recognized a critical need for a user-centric solution granting businesses granular control and transparency over spending, directly addressing the complexities of corporate financial management.
Qashio serves a broad range of professionals, from finance managers to C-suite executives, across diverse sectors. The company aims to simplify financial complexity, enabling organizations to manage, track, and optimize expenditures efficiently. Its vision focuses on equipping businesses with essential tools for comprehensive financial governance and operational effectiveness.
Qashio has raised $30.0M across 2 funding rounds.
Qashio has raised $30.0M in total across 2 funding rounds.
Qashio has raised $30.0M in total across 2 funding rounds.
Qashio's investors include One Way Ventures, Rocketship.vc, L'ATTITUDE Ventures, UpHonest Capital, Vamos Ventures, Scot Wingo, Cadorna Ventures, Iliad Partners, MITAA, Nuwa Capital, Phoenix Investments, Sanabil 500.
Qashio has raised $30.0M across 2 funding rounds. Most recently, it raised $20.0M Series U in May 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2025 | $20M Series U | — | ONE WAY Ventures, Rocketship.vc | Announced |
| Nov 1, 2022 | $10M Seed | — | L'Attitude Ventures, ONE WAY Ventures, UpHonest Capital, Vamos Ventures, Scot Wingo, Cadorna Ventures, Iliad Partners, Mitaa, Nuwa Capital, Phoenix Investments, Sanabil 500 | Announced |
Qashio is a Dubai‑based B2B spend‑management platform that issues smart corporate cards, automates expense and accounts‑payable workflows, and embeds financing and rewards to give finance teams real‑time control and visibility over company spending[1][4].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reminder: details about funding, growth rates and founder information are drawn from Qashio’s corporate site and market profiles such as CB Insights; for investment decisions you should verify the most recent filings and primary disclosures.