CashRepublic Holdings, Inc., a community-focused financial technologies company announces the opening of its inaugural finance center in Orlando, Fla., located at 11681 S. Orange Blossom Trail. CashRepublic brings a modern, technology-forward and experience to its customers while offering local and convenient access to a broad array of financial services.
CashRepublic understands the customers’ need for a no commitment and no surprise relationship that focuses on customer service with value. CashRepublic has been built with those considerations in mind where unmatched service, transparency and convenience are the cornerstone of its business model. Customers can cash their checks and get money immediately at highly competitive rates, send money to friends and family globally, pay their bills and get free money orders. CashRepublic serves individuals and small businesses who are either disenfranchised by the banking system or inadequately served by traditional institutions. With no minimum balance requirements and no monthly fees, customers only pay for services they use. CashRepublic provides up-front fee estimates and transparency to eliminate surprises for its customers and protect them from predatory hidden fees.
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CashRepublic was founded by Lexington Park Group and led by experienced banking and financial technology professionals, Chairman Rajib Das and Chief Executive Officer Alok Prasad.
“At CashRepublic, we are democratizing financial services to provide real-time access to money and give customers access without the chains of a traditional bank account,” said Das. “CashRepublic is the innovative technology driven service that many have been waiting for and we look forward to serving the Central Florida community.”
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“We are delighted to launch CashRepublic in Orlando as our inaugural market,” said Prasad. “CashRepublic is designed to empower individuals and small businesses in the community to take control of their finances by simplifying their financial experience and ensuring that they take home more of their hard-earned money.”
CashRepublic plans to expand its footprint across Florida in the coming months with four more locations coming to Orlando this year. CashRepublic is committed to the communities it serves, hiring locally and working with charities in surrounding neighborhoods. With the launch of debit cards and insurance products in the coming months, CashRepublic is set to become the primary financial service provider to its customers and offer its services across the United States in the next 12 to 18 months.
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