Diligence memo · auto-generated · as of July 2, 2026
Kashat
Kashat looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Kashat operates in Fintech, based in Africa. Egyptian fintech startup Kashat has raised a US$1.75 million bridge funding round to further develop its platform and expand operations.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kashat has raised $1.8M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.8M on 2021-09-14.
Most recent recorded round closed around 2021-09-14.
Valuation (modeled)modeled
Provath models Kashat at approximately $34M (range $1.5M–$195M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.70× the median modeled value of Seed Fintech companies in 2019–2021 (34 peers) — value vs value, same stage and era. Within the normal band (70% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 4.8 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 75% of Fintech peers (1063 compared).
Modeled value ranks above 80% of those peers.
Closest niche peers: Paymob, Alude Holdings Ltd., Stitch, Chari, Diool.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.