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You’ve seen the headlines 📰 But do you know the story behind Cashea and how they were able to bring credit back to Venezuela? Check it out ➡️ #Cashea #Venezuela #Elsewhere #Endeavor Venezuela’s economy collapsed under hyperinflation, driven by several pressures including the 2014 oil-price crash. Their economy contracted by roughly 80% over two years, one of the worst peacetime collapses in modern history. “Trust was broken,” explains Cashea’s Co-founder and CEO Pedro Vallenilla. As a serial entrepreneur, he believed he could change his country’s reality. In 2022, four founders set out to bring consumer credit back from the dead with almost no chance of success. They started with $2.1M. For the first two weeks: zero downloads. Then they brought credit back to Venezuela, when no one thought it possible. Ignoring the naysayers, the company gave the Venezuelan people a vote of confidence: credit in a country where credit didn’t exist at zero percent interest. Today, they...

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