M&A M&A
Fintech co CASHe buys insurance broker Centcart
Source Inc42 (opens in a new tab)
Aeries Financial Technologies, which runs fintech startup CASHe, has bought Hyderabad-based Centcart Insurance Broking Services.Founded in 2016, CASHe offers personal loans, Buy Now Pay Later services, credit lines, and an embedded card business. It targets millennials and Gen Z, using AI and machine learning for credit assessment.This expansion follows the May 2022 acquisition of wealth platform Sqrrl.