The Cashy idea

While working for one of the top Polish banks we had many opportunities to talk with large and medium size companies about their current situation. Quite often they were in good financial standing and created positive cash flow.

Nowadays the situation is even more evident. Companies don't invest due to market uncertainty. According to the Polish National Bank they have accumulated almost EUR 100 billion on their accounts. However low interest rates and inflation mean that this money does not work effectively.

On the other hand, their small or micro-size suppliers are in a completely different situation. Half of them faces regular financial problems, mostly due to long payment terms and overdue invoices. Due to the stricter risk policies introduced by the banks, SMEs have limited access to standard financing offer. Thus, they are often forced to use expensive financing, such as micro-factoring,

Cashy can be the solution. Thanks to our platform smaller suppliers gain access to fast & flexible financing in a competitive price. At the same time large companies are generating additional revenue without risk by paying their supplier's undisputed invoices earlier. It's a win — win situation.

Both buyers and suppliers benefit, which strengthens the relationship between them.

Team

Jakub Wrede

Jakub Wrede

CEO
15 years of experience in corporate banking. Recently, Director of the Trade Finance Department at ING Bank and leader of many innovative projects.
Edmund Kubeczka

Edmund Kubeczka

Head of Sales
More than 25 years of experience in building relations with the largest companies in Poland. Recently Director of the Strategic Clients Center at ING and owner of the advisory & training company — Finedo.

Supervisory Board

Tomasz Biłous

Tomasz Biłous

Chairman of the Supervisory Board
Managing Partner in 4growthVC. In 2019-2020 held the position of CFO in Alior Bank and acted as a member of supervisory boards of its subsidiaries. For many years related to ING Bank Śląski, where as a Managing Director he was responsible for finance & controlling. His previous experience includes 6 years at companies such as Arthur Andersen and EY. ACCA member, Auditor.
Tomasz Marczuk

Tomasz Marczuk

Vice-chairman of the Supervisory Board
Managing Partner, member of SPINAKER alfa Fund Management Board. For many years he has been related to BonusCard sp. z o.o. operations and has been active in the fields of advisory and services in such areas as loyalty, financial instruments, finance, investment - holding the role of the Management Board President of the seed capital fund. Warsaw School of Economics graduate.
Kamil Pachuta

Kamil Pachuta

Member of the Supervisory Board
One of the founders of Cashy, with 15 years of experience in the field of banking and IT services. He worked for Bank BPH, ING Bank, DNB Bank Polska where he was developing IT products and systems.

Our Mentors

Krzysztof Bachta

Krzysztof Bachta

Managing Partner at 4growthVC. His previous roles include Chairman of the Board at Alior Bank and Managing Director at PZU responsible for introduction of the growth & development strategy. He supports Cashy in developing business growth & expansion strategy.
Maciej Majewski

Maciej Majewski

CEO of AccelPoint - one of the best startup accelerators in Poland. In the past he worked at BNP Paribas, where he was responsible for the agro sector. He supports Cashy through building relations with financial institutions and tech companies both domestic and foreign.