Tuesday, 02 January 2024 12:17 GMT

Press Release: Fastercapital's Cashover Advances In Lebanon With New User And Merchant Milestones


Date:

(MENAFN- Mid-East Info) Summary: CashOver, now live in the Lebanese market, is reporting early operational progress as it advances under ongoing support from FasterCapital and the LaunchUp program. The fintech... Borderless Finance. AI-Native.

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BEIRUT, Lebanon & Dubai, UAE

CashOver, now live in the Lebanese market, is reporting early operational progress as it advances under ongoing support from FasterCapital and the LaunchUp program. The fintech has surpassed 200 registered users with steady daily sign-ups, onboarded 20 active merchants across key categories, expanded brand visibility, and is operating a freemium model in Q1 2026 to accelerate user and ecosystem growth while preparing for an upcoming funding round.

Concise second paragraph (editor-friendly nut graf): FasterCapital and LaunchUp continue to support CashOver's current execution focus on accelerating user acquisition, expanding merchant coverage, and fundraising readiness through milestone-based guidance and market positioning work.

What the Startup Delivers?

CashOver provides a consumer-facing payments experience and merchant onboarding capabilities designed to simplify transactions across retail and service categories. The current freemium model is intended to lower barriers for user adoption while creating a pipeline of merchant relationships that can convert to paid tiers as engagement deepens.

Current FasterCapital Support

FasterCapital's continued collaboration in this phase includes: – Milestone planning and execution follow-up to maintain momentum toward revenue and user targets – Fundraising readiness support, including pitch refinement and investor materials preparation – Strategic prioritization of go-to-market activities and merchant expansion sequencing – Introductions to relevant ecosystem stakeholders and advisors to support commercial scale-up

Current Execution Priorities

CashOver's immediate priorities are focused on ongoing user acquisition through targeted visibility initiatives, expanding active merchant coverage across high-value categories, optimizing the freemium offering to improve engagement, and preparing pitch materials and investor outreach for the upcoming funding round. Operationally, the team is balancing customer support, merchant success workflows, and product iteration based on early usage signals.

Leadership Comment

Hesham Zreik, Founder and CEO of FasterCapital, said: 'We're pleased to continue supporting CashOver through LaunchUp. Our team is focused on current execution priorities, milestone tracking, and connecting the startup with relevant ecosystem stakeholders as it advances.'

About CashOver

CashOver is a Lebanon-based payments and merchant onboarding platform that enables consumers and local merchants to transact with reduced friction. The company is focused on accelerating adoption through a freemium model, building merchant partnerships, and preparing for a funding round to fuel next-stage expansion.

About FasterCapital

FasterCapital works with founders to turn plans into disciplined execution through milestone-based support, hands-on guidance, and improved fundraising readiness. With programs including LaunchUp, FasterCapital helps startups sharpen positioning, clarify priorities, and connect with relevant ecosystem stakeholders as they grow.

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Mid-East Info

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