What is Cashea?

Cashea is a Venezuelan buy now, pay later app founded in 2022. Shoppers pay an initial amount and the rest in interest-free installments, and it has more than 10 million users and 40,000 merchants.

How Cashea works

Bank credit almost disappeared during hyperinflation, and buy now, pay later apps filled the gap. The model is the same across apps: an initial payment at the till, then interest-free installments every two weeks, and users must link a phone number with Pago Móvil to sign up. Cavecom-e estimates that BNPL volume grew 160% to US$11.5 billion between January and September 2026.

Cashea and its competitors

Cashea leads by far. Founded in 2022, it has more than 10 million users and 40,000 merchants, and raised US$100 million in 2026, the largest round in the country. Specialists compete in niches: Krece and Weppa finance phones and electronics, Weppa with a lock app that blocks the phone in case of late payment, while Chollo and Lysto target fashion and daily purchases. Retail chains such as MultiMax and Mundo Total run their own in-store credit programs. Bank credit cards also allow installments, but at rates up to 60% a year.

More detail in our #PayWorldTour guide Payment methods in Venezuela.