ManageCash, the fintech startup digitizing businesses’ cash collection and transportation operations, has announced its first investment at a valuation of $1.4 million, with backing from Pars VC.
Founded by Mehmet Kavi, Hakan Kaya, and Burak Coşkun, ManageCash is designed to streamline and modernize cash logistics through a mobile marketplace model. The platform serves SMEs, factoring companies, banks, and organizations requiring secure transportation of valuable assets.
The founding team brings over 20 years of experience in the CIT (Cash-in-Transit) sector and aims to disrupt traditional cash collection systems by offering technology-driven services.
With this investment, ManageCash will strengthen its service network and technological infrastructure, while expanding integration through the ManageCash Hub — a central platform enabling connectivity with other marketplaces, apps, factoring firms, and financial institutions.
“We are a team with years of experience in the CIT sector, and we are excited to serve a wide range of clients through ManageCash,” said Mehmet Kavi, Co-Founder and CEO of ManageCash.
“The ManageCash team has deep knowledge in their vertical and has served enterprise-level clients. We believe in their vision and capability to transform cash logistics,” added Sabrican Zaim, Founding Partner of Pars VC.
ManageCash plans to build on this momentum by offering an end-to-end solution that delivers security, traceability, and efficiency in a space that has historically lacked digital transformation.
