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Cashbee has raised $7.0M across 2 funding rounds.
Key people at Cashbee.
Cashbee has raised $7.0M in total across 2 funding rounds.
Cashbee is a mobile fintech application based in Île-de-France, France, that provides individual and corporate users with direct access to high-yield savings accounts, life insurance, and themed investment products. The digital platform utilizes banking aggregation and payment initiation technologies to securely manage short-term cash and long-term ESG-labeled investments, reaching over €180 million in total assets under management across more than 7,000 active retail and corporate customers by 2022. The company operates through strategic infrastructure partnerships with established financial institutions such as Crédit Mutuel Arkéa and Powens to facilitate its freemium savings model. Supported by a workforce of 11 to 50 employees, the enterprise recently closed a €7.5 million funding round led by La Mif, alongside participation from historical shareholders Banque Postale and My Money Bank. Cashbee was officially founded in 2019 by co-founders Marc Tempelman and Cyril Garbois.
Key people at Cashbee.
Cashbee has raised $7.0M in total across 2 funding rounds.
Cashbee's investors include Firstminute Capital, Benoit Bourdel, Didier Valet, Luke Sherwin, Raphael Vullierme.
Cashbee has raised $7.0M across 2 funding rounds. Most recently, it raised $6.0M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2022 | $6M Series A | — | Firstminute Capital, Benoit Bourdel, Didier Valet, Luke Sherwin, Raphael Vullierme | Announced |
| Sep 1, 2019 | $1M Seed | — | — | Announced |
Cashbee is a French fintech startup founded in 2018 that operates as a mobile-first savings and investment platform, offering simplified access to a range of products from high-yield cash savings accounts to long-term ESG-labeled investments like life insurance, structured products, real estate, commodities, and private equity.[1][3][4] It serves French savers seeking higher yields on idle cash—estimated at €1,000 billion in low-interest checking accounts—while prioritizing safety, flexibility, responsibility, and sustainability, with features like subscription in under 6 minutes and personalized advice.[1][2][4][5] The company recently raised €7.5 million in 2024, led by MIF (Mutuelle d’Ivry La Fraternelle) alongside historical investors like Banque Postale and 115K, to expand offerings, enhance user experience via tech upgrades, and bolster advisory teams amid steady growth as a leading digital savings platform.[1][2]
Cashbee was established in Paris in 2018 by co-founders Chaker Nakhli and Marc Tempelman (CEO), targeting the untapped potential of French savers' dormant funds earning near-zero interest.[3][5] The idea emerged from recognizing new saver expectations for simple, high-yield, flexible, and responsible options, starting with a top-performing interest-bearing passbook via Crédit Mutuel Arkéa subsidiary CFCAL and evolving to the first 100% mobile, 100% ESG life insurance product for long-term savings.[1][5] Early traction built over five years through partnerships with banks like Banque Postale and My Money Bank, culminating in the 2024 €7.5M raise that validated its reliability and drew a 160-year-old mutual like MIF as a lead investor.[1][2]
Cashbee rides the fintech wave democratizing wealth management in Europe, capitalizing on low bank yields and €1,000B+ in idle French deposits amid rising demand for mobile, ESG-aligned savings post-2020 digital acceleration.[1][5] Timing aligns with regulatory shifts favoring transparent, responsible investing (e.g., MiFID alignment) and mutuals like MIF seeking tech partners for modern member services.[2] Market forces like inflation, sustainability mandates, and smartphone ubiquity favor its model, influencing the ecosystem by pushing banks toward hybrid digital offerings and normalizing ESG in retail savings.[1][2][5]
Cashbee is poised to scale as France's go-to responsible savings app, leveraging fresh capital to roll out premium investments, AI-driven UX, and expanded advice amid fintech consolidation.[1][2] Trends like ESG mandates, open banking, and mobile-first finance will propel growth, potentially evolving its influence toward pan-European expansion or B2B white-label solutions for banks. This builds on its core promise: making intelligent, sustainable savings effortless for everyday users.
