CASHe to set up its New Technology Excellence Center in Hyderabad, will ramp it up fully by Q3 2025

~Company to create 300 jobs overall, including 150 in Hyderabad by the end of 2024~

Mumbai / Hyderabad, June 03, 2024: CASHe, India’s leading credit-led, AI-based financial platform, announced its plans to set up a new technology excellence center in Hyderabad as part of its expanding in-house digital engineering capabilities. The new facility will serve as a ‘center of excellence.’ It will drive and support the technology needs of the FinTech company, which currently hosts teams from its lending, insurance, and wealth management verticals. Concurrently, the company also announced its plan to ramp up hiring across various experience levels and domains such as Technology, Data Sciences, Machine Learning, DevOps, TechOps, Product development, credit, and collections.

The company is focused on strengthening its presence in India’s FinTech sector. It employs 550 people across its Hyderabad and Mumbai centers and intends to add up to 300 people by the end of this calendar year. 150 of these hires are slated for the new center, aligning with the firm’s planned talent acquisition strategy.

Confirming the plans, Yashoraj Tyagi, Chief Executive Officer, CASHe, said, “The FinTech industry is undergoing a significant transformation. We are swiftly expanding our teams and infrastructure to meet the increasing demand for our FinTech solutions in lending, insurance, and wealthtech space. The new facility, strategically located in one of India’s premier business hubs, will allow us to substantially increase our workforce to meet the needs of our business and our expanding customer base. The planned hiring will allow talented professionals from various domains to work at one of India’s fastest-growing fintech startups.”

With users spread across 18,000 pin codes in the country, its credit suite includes collateral-free personal loans, a pre-approved credit limit, BNPL, and recently launched electric two-wheeler and education loans. CASHe also recently launched its Super app with the tagline ‘Bharat Ka Money App,’ strategically positioning the brand’s commitment to becoming a premier credit-centric financial platform. The Super app meets the diverse financial needs of young working millennials in urban hubs and tier 2+ cities across Bharat by providing comprehensive financial solutions. It seamlessly integrates credit, investment, and insurance, all customized to conveniently address users’ diverse financial needs on one unified platform.