HayCash: The financing Mexicans are looking for

Accessing fast and hassle-free financing remains one of the biggest challenges for small and medium-sized businesses in Mexico. HayCash was born with the mission of closing that gap by offering advances on card sales in just 48 hours.

But to achieve this on a large scale, they needed payment technology that could keep up. That's where the partnership with Kushki began.

Who is HayCash?

HayCash is a Mexican fintech based in Mexico City, dedicated to offering agile financing solutions for companies with sales through bank cards. With a team of 35 people, it has managed to scale its operations throughout the country, serving businesses with monthly card sales starting at $200,000 MXN.

Its model allows merchants to obtain advances of up to 2.5 times their monthly sales, deposited in just 48 hours. The goal: to provide fast and secure liquidity to help SMEs achieve financial stability without relying on traditional banking processes.

Challenge

To operate its Merchant Cash Advance model, HayCash needed payment technology that would automate the collection of the financing granted, along with the corresponding fees. But not just any solution would work: it had to be flexible, adapt to each merchant's sales flow, and offer a seamless experience for both the business and its customers.

Finding a payment aggregator that met these requirements was key to scaling its operation and maintaining the promise of agility that sets HayCash apart in the financial market.

Solution

After an exhaustive evaluation of the market, HayCash found in Kushki the ideal partner to enhance its financing model. Thanks to its portfolio of physical and digital payment solutions, Kushki was able to adapt to HayCash's specific needs, offering flexible technology, competitive costs, and agile implementation.

With the integration of Kushki's payment terminals, HayCash was able to:

• Set up automatic collection of financing and fees directly from each merchant's card sales. Offer terminals with no monthly rental, Bluetooth connection, data, and Wi-Fi at no additional cost.
• Accept remote payments and all cards on a single device.
• Incorporate options such as interest-free months, improving the end customer experience.
• Operate with a truly omnichannel solution, connecting the physical and digital worlds on a single platform.

This implementation not only solved HayCash's operational challenge, but also increased the value they offer to each merchant they finance.

Results

The implementation of Kushki's solutions marked a turning point for HayCash. Since the deployment of the terminals and the adjustment to the automated billing model, the company has achieved:

• Increased its operating volume by 2X to 3X, accelerating its growth in a matter of months. Improved the availability and flexibility of its service, quickly adapting to changing market needs.
• Offer a more efficient and professional payment experience to the merchants it finances, increasing their satisfaction and loyalty.
• Expand its value proposition by integrating not only physical payments, but also e-commerce and other digital services into a single ecosystem.

With these improvements, HayCash not only optimized its internal operations, but also strengthened its role as a strategic ally for Mexican SMEs.

“This partnership with Kushki has been fundamental to our growth. Today, we not only offer in-person payment solutions, but also a complete digital portfolio, including e-commerce. This allows us to better adapt to our customers and offer them a comprehensive, agile, and reliable service. The support we receive also makes a difference: we always have someone available, both for our team and for the merchants we serve.”

— Brandon Silberstein, Founding Partner of HayCash

Conclusion

The story of HayCash is an example of how payment technology can be much more than a means of collection: it can become a growth engine for companies seeking to transform their industry.

With Kushki as a partner, HayCash not only optimized its operations, but also expanded its value proposition and strengthened its impact on thousands of Mexican merchants.

Want to be part of the financial revolution in Latin America? Write to us to learn how we can accelerate your business growth.