Rajib Das and Alok Prasad have spent decades successfully working in the financial industry, but they saw many consumers get left behind by traditional banks or unable to access them at all.
The founders launched the company in Orlando because of their familiarity with the market, anticipated local demand for Cash Republic’s services and the region’s strong talent pool, Prasad and Das said.
The company employs 10 people, with plans to hire 20 to 25 employees before the end of the year. Cash Republic will hire retail workers to staff its stores, as well as technology, marketing and finance employees.