Name

Qashio

Legal name

Qashio for Computer Systems CEST Co. LLC (UAE); trading alongside Qashio Limited (Ireland) as 'Qashio'

Website

https://qashio.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Corporate Spend Management

NAICS

Credit Card Issuing (522210), Travel Arrangement and Reservation Services (5615), Other Activities Related to Credit Intermediation (522390)

SIC

Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Corporate Cards & Spend Controls (FSAGAJAF)

akta.pro secondary industries

Payments, Expense & FinTech Strategy (Card Programs/Settlement) (THACAMAI), Corporate Travel & Expense Booking Platforms (BPAMAIAI), Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts) (THACAJAE)

Keywords

• Corporate spend management
• Business expense management
• Corporate card issuance
• B2B fintech platform
• Embedded finance solutions

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Platform Subscription Fees: Recurring SaaS subscription billed monthly via a linked Qashio card (Subscription Fees in the Qashio Service Agreement); activated at Go-live or 30 days from signing, with 12-month auto-renewal terms capped at a 10% annual price increase.
2. Card Transaction Spreads and Fees: Charges on international Transactions (FX spread) and ATM usage, plus per-Transaction processing events, charged to the Company as outlined in the Schedule of Fees.
3. Physical Card Issuance & Replacement Fees: One-time physical card issuance fee and replacement fees for lost, stolen, or damaged cards, applied per the Schedule of Fees.
4. Implementation Starter Fee & Onboarding Services: Non-refundable Implementation Starter fee plus 3 months of Subscription Fees due if onboarding fails due to client-side KYB/KYC documentation gaps.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels8 records

Core offering

Qashio provides a cloud-based B2B spend management platform built around Qashio Spend, which issues unlimited virtual and physical Visa prepaid corporate cards with per-card spend controls, approval workflows, multi-entity and pool-account management, AI-based receipt matching via WhatsApp, and native integrations with major ERPs and accounting platforms. The core platform is extended by add-on modules including Qashio Points (corporate loyalty redeemable into Emirates Skywards Miles, Shukran and cashback), Qashio Corporate Travel (flight and hotel booking combined with card issuance), Qashio Payment Gateway, Qashio Corporate Credit / Qashio Financing (embedded working capital via CredibleX), and Qashio Accounts (accounts payable management).

Product overview

Qashio offers a unified B2B spend management platform built around Qashio Spend (the core expense management and corporate card issuance product) and extended by a portfolio of add-on modules: Qashio Points (the rewards and loyalty engine with Emirates Skywards, Shukran and cashback redemption), Qashio Corporate Travel (flight/hotel booking combined with card spend), Qashio Payment Gateway (merchant payment acceptance), Qashio Corporate Credit / Qashio Financing (embedded working capital via CredibleX), and Qashio Accounts / Accounts Payable (vendor payment management). Together these modules form a single platform that issues physical and virtual Visa prepaid corporate cards, applies AI-based receipt matching and real-time spend controls, integrates with major ERPs (Dynamics 365, SAP, Oracle NetSuite, Xero, Zoho) and accounting tools (QuickBooks, Expensify), and operates across 23+ markets including the UAE, Saudi Arabia and Ireland.

Differentiator

Problem solved

Functional benefit

Brands

• Qashio Spend: Corporate expense management solution that enables businesses to instantly create smart corporate cards with advanced controls and real-time visibility.
• Qashio Points
• Qashio Corporate Travel
• Qashio Payment Gateway
• Qashio for Travel
• Qashio Accounts
• Qashio Rewards & Loyalty Program
• Qashio Financing
• Qashio Corporate Credit

Products and services

• Qashio Spend Core B2B expense management solution that enables businesses to instantly issue unlimited smart corporate cards (virtual and physical) with advanced spend controls, real-time visibility, multi-entity management, approval workflows, AI-based receipt matching, pool accounts, and ERP integrations. Used by SMEs, mid-market and enterprise finance teams across 23 live countries with 10k+ users and 1b+ transactions processed.
• Qashio Points Corporate card rewards and loyalty programme that lets businesses earn up to 2 Qashio Points per dollar spent and convert them into Emirates Skywards Miles, Shukrans (Landmark Group partnership), or Cashback, with access to over 100 exclusive discount partners including Google Ads, Meta, AWS, Booking.com, Agoda and Microsoft 365.
• Qashio Corporate Travel All-in-one corporate travel platform that combines Qashio corporate card issuance with flight and hotel booking in a single system, providing real-time transaction visibility, policy compliance controls, automated reconciliation, and up to 3% rebates for finance teams.
• Qashio Payment Gateway Payment gateway product enabling merchants to accept Qashio corporate card payments, listed as a standalone product in Qashio's main product navigation.
• Qashio Corporate Credit (Qashio Financing) Embedded corporate credit / financing product offering SMEs quick approvals and access to working capital; powered by CredibleX's credit decisioning technology under the MENA embedded finance partnership.
• Qashio Accounts (Accounts Payable) Accounts payable management solution that streamlines vendor payments, improves cash flow and strengthens vendor relationships by centralising bill payments alongside Qashio card-based spending.
• Qashio For You (SME Support Programme) SME support programme in Dubai launched in collaboration with Dubai Chambers, offering AED 10 million in financial relief, platform access, rewards, webinars and community engagement to enhance SME resilience through June 2026.

Quantifiable outcome

• Reduce petty cash spend by over 30%
• +5 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability4 records

Feature9 records

Partnerships

Twelve partnerships are on record, tiered core, flagship and minor.

• NEXA AI LabcoreTechnology or Integration · 1 May 2026AI partner delivering AI-powered financial workflow automation — receipt capture, expense reconciliation, real-time spend visibility, and embedded financing — to Qashio's SME customers across the Gulf.
• NymCardflagshipTechnology or Integration · 1 February 2026Payment infrastructure provider that delivered full-stack issuing, processing, settlements, and program management to power Qashio's B2B card program with multi-currency capabilities for supplier and travel spend.
• Dubai ChambersflagshipStrategic or Co-development Partner · 1 February 2026Signed an MoU with Qashio (alongside Mamo, Pemo, and Vault) to deliver alternative banking services — corporate cards, working capital loans, online payments — to Dubai SMEs, plus joint workshops, training, and onboarding incentives; its network represents 94% of UAE companies.
• Sanad CashflagshipStrategic or Co-development Partner · 1 October 2025Acquired by Qashio in October 2025 to accelerate Saudi Arabia expansion; Sanad Cash is one of Saudi Arabia's first expense management solutions and brings local expertise and compliance know-how for a localised KSA spend management platform.
• Alinma BankflagshipStrategic or Co-development Partner · 1 September 2025Saudi bank that announced a strategic investment and partnership with Qashio to develop corporate spend management solutions in Saudi Arabia, integrating Qashio into Alinma's fintech portfolio (alongside Amwal Tech, Ejari, Lean, NearPay). Aligned with Saudi Vision 2030 and cashless society initiatives.
• MynecoreStrategic or Co-development Partner · 1 February 2025Strategic partnership to bridge business financial tools with personal wealth management, transforming financial wellness for companies and employees. CEOs of both companies signed the agreement.
• VisaflagshipTechnology or IntegrationCard network under which the Qashio card is issued by NymCard Payment Services LLC (UAE) and by Stripe Technology Europe Limited via Visa Europe Limited (EU). Visa is a registered trademark of Visa Inc.
• Emirates (Skywards loyalty programme)flagshipStrategic or Co-development PartnerStrategic loyalty integration enabling Qashio cardholders to convert Qashio Points into Emirates Skywards Miles for flights, hotels, and upgrades; central pillar of the Qashio Points rewards programme.
• Landmark Group (Shukran Rewards)flagshipStrategic or Co-development PartnerExclusive Shukran Rewards partnership allowing Qashio Points to be converted into Shukrans across Landmark Group's retail and brand network.
• CredibleXcoreStrategic or Co-development PartnerMENA's embedded finance platform powering 'Qashio Financing' to provide SMEs with quick access to funds via CredibleX's credit decisioning technology.
• Dynamics365, Oracle NetSuite, SAP, Xero, Zoho, QuickBooks (ERP integration partners)flagshipTechnology or IntegrationPre-built ERP connectors enabling seamless synchronisation of expenses, invoices, and reconciliation across leading accounting and ERP platforms used by Qashio's enterprise customers.
• Google Ads, Meta, AWS, Booking.com, Agoda, Microsoft 365 (Rewards partners)minorGTM or Marketing PartnerOver 100 discount and offers partners providing exclusive discounts on services and goods for Qashio cardholders as part of the Qashio Points / Rewards & Offers programme.

Scale indicators13 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Brex: US-based corporate cards and spend management platform serving startups and mid-market. Closest global comparable to Qashio on product scope (cards + expense + AP), though operating in a different geography and with significantly more capital.
• Ramp: US corporate card and spend management platform with deep ERP integrations and automation, directly comparable to Qashio on the cards + expense + ERP integration proposition.
• Spendesk: European spend management platform combining prepaid cards, expense management, and AP automation. Closest European peer to Qashio on product mix and target customer (SMEs and mid-market).
• Pleo: European corporate card and expense management provider focused on SMEs. Directly comparable to Qashio on cards + spend management for smaller businesses, and a likely reference competitor as Qashio enters the UK and Europe via Dublin.
• Mamo: UAE fintech offering alternative banking services including corporate cards to SMEs; co-signed the Dubai Chambers MoU alongside Qashio. Direct local peer competing for the same Dubai SME base.
• Pemo: UAE-based spend management and corporate card fintech; also part of the Dubai Chambers MoU cohort. Direct domestic competitor targeting overlapping SME and mid-market segments in the UAE.
• Pluto Card: MENA-focused corporate and SME card fintech. Directly comparable on the cards-led, multi-currency, regional proposition Qashio is pursuing across the GCC.

Broad incumbents

• Wio Bank: UAE-based digital business bank providing SME and corporate accounts and cards. Not a spend-management pure play, but a broader incumbent that can bundle cards and expense-adjacent features into core banking, threatening Qashio's positioning.
• American Express (Business): Global incumbent in corporate cards and business spend. Provides a ceiling on the corporate-card opportunity globally and a reference point on rewards-led differentiation, which is the same lever Qashio uses with Emirates Skywards and Shukran.

Emerging players

• Lean Technologies: MENA open-finance and data infrastructure provider; Alinma Bank portfolio peer. Comparable insofar as it underpins many UAE fintech stacks and could either compete with or accelerate Qashio's embedded finance roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/qashio
• Instagraminstagram.com/qashio.mena

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds5 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Qashio