Day: October 29, 2021

A record-breaking year for U.S. venture capital investment in 2021 did not break records in Orlando, but it came pretty close.

A tech-focused Orlando check cashing firm is cashing some checks of its own. 

CashRepublic Holdings Inc. has raised at least $5.2 million, according to an Oct. 27 U.S. Securities and Exchange Commission filing. The filing was part of the company’s Series A investment round, Chairman Rajib Das told Orlando Inno.

In this episode of “The Buzz,” Bank Automation News speaks to Alok Prasad, CEO of startup CashRepublic, about using automation and artificial intelligence (AI) to help communities of color take advantage of banking services. CashRepublic serves the unbanked currently with check cashing, wire transfers and other services at two Florida locations.

Flagship location in Orlando offers convenient financial services with unrivaled customer service, digital experience, and simple low pricing.

New community-focused financial technologies company sponsored by a private equity fund with financial services and real estate focus aims to democratize access to finance services.