French savings firm Cashbee preps for flying launch
Paris-based Cashbee, a B2C fintech company providing automated, digital cash deposits and savings, is readying for launch.
Cashbee says it plans to offer users the best promotional offers on the market without them having to change banks. Users’ money remains in an account in their name.
According to the firm, customers can sign up with information that it needs to open bank accounts in that person’s name.
Its algorithm then identifies the best banking offers (such as premiums or boosted rates). Money is deposited into the highest paying account.
There is no launch date yet but it says it will go live soon. The start-up is calling for interested parties to sign up on its site. Cashbee says its solution is available to French individuals and families.
The company was founded by three individuals – Chaker Nakhli, Cyril Garbois and Marc Tempelman.
Nakhli has worked as a CTO at Kudoz and Wizypay. The former is a mobile app that matches people with job opportunities. The latter is a B2B prepaid and gift card platform.
Garbois is currently founder and MD at 101 Advisory – a team of consultants and technology advisers.
Tempelman has a lot of experience with Bank of America Merrill Lynch. This includes vice-chairman of global capital markets; and MD, co-head debt capital markets and corporate banking (EMEA).
Cashbee should not be confused with the South Korean version. That is a nationwide transportation card.
