<ul><li>Digital payments startup Cashfree Payments raises $53 million in a funding round led by KRAFTON India.</li><li>Cashfree will use the funding to drive product innovation, strengthen security infrastructure, and accelerate international expansion in the UAE and the broader Middle East markets.</li><li>This marks KRAFTON's first direct investment in an Indian fintech firm.</li><li>Cashfree recently received approval from the Reserve Bank of India to operate as a Payment Aggregator-Cross Border, enabling it to facilitate payments for global businesses and regulated entities collecting funds in India.</li></ul>

Cashfree Payments raises $53M from KRAFTON India for global expansion, security innovation

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