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Cashfree Payments - About the company

Cashfree Payments is a series C company based in Bengaluru (India), founded in 2015 by Reeju Datta and Akash Sinha. It operates as a Provider of payment gateway and payouts, and identity verification services. Cashfree Payments has raised $100M in funding from investors like Y Combinator, SBI and Apis Partners, with a current valuation of $*****. The company has 484 active competitors, including 72 funded and 39 that have exited. Its top competitors include companies like Stripe, Razorpay and PayU.

Company Details

Provider of payment gateway and payouts, and identity verification services. The company offers tools for businesses to collect payments, send payouts, manage international transactions, and verify customer identities. Payment solutions include payment links, forms, and international payment acceptance. Payout services facilitate instant money transfers to bank accounts, UPI IDs, cards, and wallets. Identity verification services automate KYC processes and fraud monitoring.
Social
X
Email ID
*****@cashfree.com
Registered Address
Building No.7, 10th Floor, Ecoworld, Sarjapur Marathalli Outer Ring Road, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Series C
Total Funding
$100M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 04, 2025
Ranked
Annual Revenue
₹641Cr as on Mar 31, 2025
Employee Count
831 as on May 31, 2025
Investment & Acquisitions
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Cashfree Payments's funding and investors

Cashfree Payments has raised a total funding of $100M over 7 rounds. Its first funding round was on Jan 01, 2017. Its latest funding round was a Series C round on Feb 05, 2025 for $*****. 2 investors participated in its latest round. Cashfree Payments has 14 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Cashfree Payments:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 05, 2025
2410230
Series C
4093574
3018029
8238465
1229565
May 18, 2023
1336665
Venture Debt
9629510
5904977
3424855
Jun 07, 2021
6631172
Series B
4161025
4109168
7728318
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Cashfree Payments' founders and board of directors

Founder? Claim Profile
The founders of Cashfree Payments are Reeju Datta and Akash Sinha. Akash Sinha and Josh Cande are the CEOs of Cashfree Payments.
Here are the details of Cashfree Payments' key team members:

Cashfree Payments' Board of Directors

Cashfree Payments's board has 4 active members. Reeju Datta and Akash Sinha are part of team and Udayan Goyal and Abhaya Prasad Hota are independent board members.
Here is the list of Cashfree Payments' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 7m
Team
-
Current
10y 7m
Independent board member
-
Current
1y 11m
bwkjqwo
Independent board member
-
Current
2y 5m

Cashfree Payments' employee count trend

Cashfree Payments has 831 employees as of May 25. The total employee count is 17.0% more than what it was in May 24. Here is Cashfree Payments's employee count trend over the years:
Employee count trend for Cashfree Payments
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Cashfree Payments's Competitors and alternates

Top competitors of Cashfree Payments include Stripe, Razorpay and PayU. Here is the list of Top 10 competitors of Cashfree Payments, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Stripe
Stripe
2010, San Francisco (United States), Series I
Provider of financial infrastructure solutions for revenue growth and payment processing
$9.81B
86/100
2nd
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
86/100
3rd
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Series C
Provider of online payment solutions and financial services for businesses
$35.1M
84/100
4th
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series D
Provider of payment solutions for online and physical business transactions
$489M
83/100
5th
Logo for Adyen
Adyen
2006, Amsterdam (Netherlands), Public
Provider of end-to-end payment, data, and financial management platform solutions
$266M
80/100
6th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$196M
76/100
7th
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$62.7M
75/100
8th
Logo for Mintoak
Mintoak
2017, Mumbai (India), Series A
Digital payments and engagement solutions for MSMEs
$30.6M
74/100
9th
Logo for ACI Worldwide
ACI Worldwide
1975, Omaha (United States), Public
Process and manage digital payments
-
73/100
10th
Logo for Airpay
Airpay
2012, Mumbai (India), Series A
Provider of omnichannel payment gateway solutions and financial service platform
$3.63M
72/100
12th
Logo for Cashfree Payments
Cashfree Payments
2015, Bengaluru (India), Series C
Provider of payment gateway and payouts, and identity verification services
$100M
69/100
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Cashfree Payments's Investments and acquisitions

Cashfree Payments has acquired 2 companies including Zecpe and Telr. Cashfree Payments has not made any investments as of now.

Reports related to Cashfree Payments

Here is the latest report on Cashfree Payments's sector:

News related to Cashfree Payments

lockFilter this list
Media has covered Cashfree Payments for a total of 17 events in the last 1 year, 8 of them have been about company updates and 2 about partnerships.
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