Qashio

The company's core product is a comprehensive spend management platform that allows businesses to issue unlimited virtual and physical corporate cards to employees. These cards come with customizable controls, enabling companies to set spending limits, restrict usage by vendor or category, and manage approval workflows. The platform automates expense reporting by capturing transactions in real-time, matching receipts with AI, and synchronizing data with major accounting and ERP systems, which significantly reduces manual reconciliation efforts. Qashio was the first fintech in the UAE to programmatically issue employee corporate cards.

Qashio serves a wide range of clients, from SMEs to large enterprises, across various sectors including legal services, logistics, technology, retail, and hospitality. Its business model is based on providing these spend management tools, and it has expanded its services to include a B2B loyalty program, Qashio Points, which allows employees to earn rewards like Emirates Skywards miles for timely expense reporting. The company also offers Qashio Financing and Qashio Insurance through partnerships. Having achieved profitability and processed over Dh1 billion in transaction volume, Qashio operates in 22 countries, with a strategic focus on expanding its presence in Saudi Arabia and other GCC, European, and Asian markets.