Cashaa} Single bank account for fiat and crypto for individual and business banking


This crypto startup offers a single bank account for fiat and cryptocurrency, and the service is available for individuals and commercial banking.

While banking has always been a fast-growing industry, some industries such as entertainment, gaming and gambling remain underserved and are often denied access to traditional banking services. Cryptocurrency is one such industry.


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Cashaa, a revolutionary system in the cryptocurrency banking space, can now provide individuals and businesses in these industries with a hassle-free banking platform. The aim is to create a banking system where people and businesses can exchange both fiat and crypto through a single account dashboard.

The idea behind the brand is to bankroll the global crypto economy. The brand aims to provide an equivalent to the traditional banking system in a superior way on the blockchain backbone.

The brand offers a single bank account for fiat and cryptocurrency, and the service is available for individuals and commercial banking.

Tech Panda They spoke to Cashaa CEO and Founder Kumar Gaurav about the pain points they are trying to address.

Kumar Gaurav

One of the biggest challenges for crypto companies is access to banking and payment infrastructure. Here at Cashaa, we are trying to help these companies find critical banking solutions to leverage their assets in a better and simpler way.

“One of the biggest challenges for crypto companies is access to banking and payment infrastructure. Here at Cashaa, we are trying to help these companies find critical banking solutions to use their assets in a better and easier way,” he said.

What do they do?

To understand what Cashaa does, consider how an individual uses a traditional bank. One goes to a traditional bank, deposits INR, takes credit from the deposit or withdraws the money.

With Cashaa, one can avail all these banking services with crypto assets with INR. The services are available for private banking and commercial banking.

Simply put, if you want to buy something but don’t have enough liquidity, you can put your crypto as collateral. After the loan is paid, they will return the same amount of crypto with respect to the market value

“Like any other bank, we can give you a loan against your property. Simply put, if you want to buy something but don’t have enough liquidity, you can put your crypto as collateral. Once the loan is paid off, you get the same amount of crypto back at market value,” says Kumar.

Currently, this feature is only available to institutional customers with a minimum loan amount of USD 500,000 per loan amount.

The main points of the services include:

  • A single global account to manage both fiat and crypto
  • Send and receive domestic and international payments and track your spending over time
  • Internationally accepted credit and debit cards
  • Withdraw funds directly in local currency
  • Buy and sell crypto with no hidden fees

Origin and inspiration.

Cashaa started in 2016 as a P2P money transfer service from the UK to Asia and Africa, using Bitcoin and facing banking challenges.

“In 2017-2018, when more and more companies started accepting Bitcoin and other cryptocurrencies, we decided to solve this problem for the entire crypto industry. That’s how we started working on building a crypto-banking platform for old and new money,” recalls Kumar.

Cashaa USP

Currently, Cashaa claims to be the largest crypto-friendly banking platform, providing banking services to more than 430 crypto companies.

“In this field, we have successfully ushered titans like Binance, BitBns, CoinDCX, Paxful, Polygon, but also smaller startups,” Kumar proudly said.

Now that crypto is taxed in India, which makes it legal, we have had a lot of demand from customers as fear has started to dissipate in this industry.

Being a pioneer in the field is the reason why competitors do not bother Kumar either.

“We are the first company in the world to do this. This gives us a reputation in the industry and creates brand power. It’s a hard business model to copy and we have very few competitors,” he added.

Development history

Cashaa recently launched personal accounts, offering up to 24% interest for cryptocurrencies.

“Our private accounts have been successful so far. We have provided access to private users to use their assets more efficiently, which has given them the most demand from the market. Private users have started moving their assets to Cashaa Wallet, and now they are getting a lot of interest in their dormant assets,” says Kumar.

The company partnered with United Multistate Credit Company Operative Society to launch UNICAS, a crypto-friendly financial institution with physical branches and operations. The company has opened two at Connaught Place in New Delhi and plans to open 22 more.

“Now that crypto is taxed in India, which makes it legal, we have had a lot of demand from customers, because fear has started to dissipate in this industry,” he says.


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Cashaa is currently banking over 200 crypto businesses on its beta platform, including Nexo, Huobi, CoinDCX and Unocoin.

Investments in crypto startups are now huge in India. Kumar says investors are excited about the Indian market because of its size.

“This is a huge market with very few players, and the talent pool is huge. Cashaa is planning a venture fund of over $10 million for India,” he said.



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