Archive · 7 Aug 2025

Buy-Now, Pay-Later App Drives Growth in Venezuela's Stock Exchange

Buy-Now, Pay-Later App Drives Growth in Venezuela's Stock Exchange

Imagine a new app called Cashea that lets people in Venezuela buy things and pay later, like a layaway plan but with instant gratification.

Because traditional banks have been difficult to use, Cashea became popular for buying clothes, tires, and more.

Now, Cashea helps merchants by selling their customer debts as certificates on the stock exchange.

This gives merchants quick cash.

Cashea handles the risk, and the certificates are linked to the dollar to keep their value.

It's like a new way for businesses and consumers to handle money in a country with a lot of economic challenges.

Sources