Cashila
| Industry | Payment processor |
| Founded | July 2014 |
| Defunct | 1 June 2017 (retail) |
| Founder(s) | Tim Mitja Zagar, Jani Valjavec |
| Website | https://cashila.com |
Cashila was a euro and bitcoin payment processor. It offered a euro wallet for bill pay, SEPA transfers, third-party deposits, and bitcoin conversion. The company was established in the Czech Republic in July 2014 and later operated from Ljubljana, Slovenia.
History
Early materials describe a beta around 2013 and wider availability in 2014. Cashila integrated with the Mycelium wallet for SEPA payouts (announced mid-2015, with further integration in early 2016) and worked with hardware wallet vendors such as Trezor.
In 2016 the same team launched ICONOMI, a crypto asset / fund-style product, and ran an ICO later that year. Cashila had been described in ICONOMI materials as an early service operator for payments, with legal separation discussed publicly as ICONOMI took its own corporate form.
By March 2017 Cashila announced a pivot away from retail processing toward B2B focus. The company's own site later stated that the retail service was officially closed and that as of 1 June 2017 it no longer offered services for retail customers. That dated notice is preserved in a June 2017 archive of cashila.com.[1]
Products (historical)
- Bitcoin-to-euro SEPA bill pay and transfers
- Incoming bitcoin converted to euro balances
- Euro deposits with optional conversion to bitcoin
- Freelancer invoicing flows in bitcoin or euro
External links
References
- ↑ cashila.com via Wayback Machine (2 June 2017): "As of 1 June 2017 we are no longer offering our services for retail customers."