No. 025 · Armin Moradi

What this record used to say.

This record has been revised 2 times. These dated historical snapshots preserve exactly what was recorded at the time. Hashes establish integrity and timing, not present truth. Current admitted facts appear on the record page. The latest recorded value of each fact says whether the record shows it today.

Historical snapshot, version 3 17 Jul 2026 Anchored to Bitcoin

Raised: $19.8M equity and debt, 2025 $29.8M total, equity and debt ($10M seed 2022, $19.8M equity and debt round 2025)
Awaits evidence

sha256 94960b0b6d09d220… Full hash on the proof page

Historical snapshot, version 2 15 Jul 2026 Anchored to Bitcoin

No tracked field changed in this version.

sha256 be1ca3bbf1968201… Full hash on the proof page

Historical snapshot, version 1 10 Jul 2026 Anchored to Bitcoin

Minted

Founder: Armin Moradi
Shown on the record
Company: Qashio
Shown on the record
Founded: 2021 · Dubai
Awaits evidence
Raised: $19.8M equity and debt, 2025
Backers: Rocketship VC, MITAA, One Way Ventures, MoreThan Capital
1 of 4 shown on the record; the rest await evidence
Strap: He is betting Gulf companies will drop petty cash and shared cards for programmatically issued corporate cards, layered with a B2B loyalty programme that rewards business spending.
Moves: 2021 · Founded in Dubai by Armin Moradi and Jonathan Lau; 2022 · Raised $10M seed round to fund expansion toward Saudi Arabia; 2025 · Closed $19.8M equity and non-equity round led by Rocketship VC ahead of Saudi market entry; 2026 · Partnered with Dubai Chambers on an AED 10M SME support programme

sha256 1b31e94cca9e8f94… Full hash on the proof page

Proof of record → The Ledger →