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Cashfree Payments Bags $53 Mn From KRAFTON

  • B2B fintech startup Cashfree Payments has raised $53 Mn (around INR 450 Cr) in its Series C funding round led by KRAFTON.
  • The funding round saw participation from existing investor Apis Partners, which infused capital via its private equity fund Apis Growth Fund II.
  • Cashfree plans to utilize the fresh capital to bolster its payments offerings, expand market outreach, shore up cross-border offerings, and fuel international expansion.
  • Cashfree operates a full-stack digital payments solutions platform and has secured licenses from the Reserve Bank of India (RBI) for payment aggregation and prepaid payment instruments.

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