No. 025 · Armin Moradi
What this record used to say.
This record has been revised 3 times. Each version is hash-chained to the one before it and anchored to Bitcoin; the values below are shown exactly as they were recorded at the time, not restated after the fact.
Version 3
2026-07-17
Bitcoin attested
- Raised: $19.8M equity and debt, 2025 $29.8M total, equity and debt ($10M seed 2022, $19.8M equity and debt round 2025)
sha256 94960b0b6d09d22014a4087dc95c55746d1c3b0d245ffb17ee2285360dc440ca
Version 2
2026-07-15
Bitcoin attested
No tracked field changed in this version.
sha256 be1ca3bbf1968201ba3987ae821702d6540c67600cdbfed3a42d139bdccfb780
Version 1
2026-07-10
Bitcoin attested
Minted
- Founder: Armin Moradi
- Company: Qashio
- Founded: 2021 · Dubai
- Raised: $19.8M equity and debt, 2025
- Backers: Rocketship VC, MITAA, One Way Ventures, MoreThan Capital
- 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 1b31e94cca9e8f94f18e2d32a0e463183029fea553710a81ebfd207cc39c896d