Sanad Cash

Sanad Cash

Sanad Cash is an Enterprise On-Demand Pay and Expense Management Platform, working with companies from all sizes to help them track every single dollar they are spending and providing their employees with the right tools to access their earnings anytime , anywhere . . Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD10—15m (Dealroom.co estimates Jan 2022.)
Riyadh Riyadh Region (HQ)
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DateInvestorsAmountRound

$100k

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*

$1.6m

Seed
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N/A

Acquisition
Total FundingAUD2.6m

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Sanad Cash is a dynamic startup focused on revolutionizing expense management for businesses of all sizes. Operating primarily in the Middle East, Sanad Cash offers a digital platform designed to streamline and simplify the process of managing corporate expenses. The company serves a diverse range of clients, from small businesses to large corporations, providing them with tools to efficiently track and control employee spending.

The core of Sanad Cash's business model revolves around its proprietary Sanad Cash Card, which can be issued as either a physical or virtual card. These cards empower businesses to set spending limits, monitor transactions in real-time, and manage approvals through an intuitive online platform. The ability to instantly freeze, deactivate, or cancel cards provides an added layer of security and control.

Sanad Cash makes money by charging minimal fees for the issuance and management of these cards, ensuring that even small businesses can afford to use their services. The platform's value proposition is further enhanced by features such as instant notifications for all employee purchases, accurate and rapid expense reporting, and the ability to add notes and follow up on receipt statuses. This comprehensive approach not only saves businesses time and effort but also helps them maintain financial accuracy and transparency.

The company's mission is to become the leading expense management platform in the region by offering high-quality, premium services at minimal costs. Sanad Cash aims to meet international standards while catering to the specific needs of businesses in diverse sectors.

In summary, Sanad Cash is a forward-thinking company that leverages technology to provide an efficient, secure, and cost-effective solution for corporate expense management.

Keywords: Expense Management, Digital Platform, Corporate Spending, Sanad Cash Card, Real-Time Monitoring, Secure Transactions, Small Businesses, Large Corporations, Cost-Effective, Financial Control.