Cashfree Payments Press Kit

Factsheet

Company Name: Cashfree Payments India Private Limited (Cashfree)

Location: Bengaluru, India

Founding Date: 23rd September 2015

Website: Cashfree Payments

Press / Business Contact: [email protected]

Social Media

• Twitter: twitter.com/gocashfree
• Facebook: facebook.com/gocashfree
• LinkedIn: linkedin.com/company/cashfree
• Instagram: instagram.com/gocashfree

Corporate Address

CASHFREE PAYMENTS INDIA PRIVATE LIMITED

Building No. 7, 10th Floor, Ecoworld, Sarjapur Marathalli Outer Ring Road, Bellandur, Bengaluru, Karnataka 560103

Company Description

Cashfree Payments is a payment and banking technology company based out of Bengaluru, India. As a complete payments platform, Cashfree Payments helps over 1 million businesses collect and send money through various payment solutions.

Core Solutions

Cashfree Payments offers the following solutions:

• Payment Gateway: Easy to integrate payment gateway that supports instant refunds
• Payouts: An API banking platform for disbursals
• Split Payment Solution: Designed for marketplaces
• Bank Account Verification API: For verifying bank account details
• Dedicated UPI Stack: For businesses requiring UPI payment infrastructure
• Auto Collect: A virtual account solution to match inbound payments to customers

Customer Base

Cashfree Payments serves notable customers including:

• Xiaomi
• Tencent
• Zomato
• Zoomcar
• Cred
• Club Factory
• Shell
• Ketto (donation platform)
• Milaap (donation platform)

Banking Partnerships

Cashfree Payments works with all leading banks to build the core payments and banking infrastructure that powers its products, including:

• ICICI Bank
• HDFC Bank
• Kotak Mahindra Bank
• Yes Bank

Platform Integrations

Cashfree Payments is integrated with major platforms including:

• Shopify
• Wix
• Paypal
• Amazon Pay
• Ola Money
• Google Pay

Company History

Cashfree Payments was launched in 2015 as a payment gateway. While operating the payment gateway, the founders, Akash Sinha and Reeju Datta, found it difficult to use online bank portals for disbursing payments everyday. In mid-2016, Cashfree Payments decided to work on building a dedicated bulk Payouts solution for businesses operating in India.

Products and Services

Cashfree Payments offers the following products:

1. Payouts - API banking platform for disbursals
2. Payment Gateway - Payment gateway solution for India
3. Easy Split - Split payment gateway for marketplaces
4. Auto Collect - Auto e-collect virtual account solution
5. Cashgram - Payment solution
6. Bank Account Verification - API for verifying bank accounts
7. Instant Refunds - Instant refund capability for payment gateway

Awards and Recognition

Cashfree Payments has received the following awards and recognition:

• SutraHR Top 100 Startups to Watch Out
• PayPal Startup Incubator - Selected for the program
• Y Combinator Alum - Graduate of Y Combinator accelerator program

Recent Media Coverage

Cashfree Payments has been featured in the following media stories:

2020 Media Coverage

• "Cashfree migrates over 1 million users to ICICI Bank's UPI handles" - LiveMint

  • Article: At least 1 million users have migrated from Yes Bank to ICICI Bank UPI handles

• "COVID 19 impact | The Internet Economy in the pandemic era" - Moneycontrol.com

  • Article: COVID-19 impact: The Internet Economy in the pandemic era

• "Cashfree Adds Bank Partners For Real-Time Corporate Payouts" - Pymnts.com

  • Article: Cashfree Adds Bank Partners For Real-Time Corporate Payouts

• "Cashfree introduces suite of payment solutions for Lenders and NBFCs to foster India's lending ecosystem" - The Week

  • Article: Cashfree introduces suite of payment solutions for Lenders and NBFCs

2019 Media Coverage

• "Payments solution provider Cashfree releases 'Instant Refunds' feature for eCommerce businesses" - YourStory

  • Article: Cashfree Instant Refunds for online digital payments eCommerce

• "Cashfree Automates Recurring Payments For Businesses In The Subscription Economy" - Inc42

  • Article: Cashfree automates recurring payments for businesses with subscriptions feature

General Coverage

• "Cashfree is making life easier for online companies in India" - TechinAsia
  • Article: Cashfree online companies India

Leadership Team

Akash Sinha

Position: CEO and Co-Founder

LinkedIn: https://www.linkedin.com/in/sinhaakash

Reeju Datta

Position: Co-Founder

LinkedIn: https://www.linkedin.com/in/reejudatta

Contact Information

Media Inquiries

Email: [email protected]

Online Presence

Website: Cashfree Payments

LinkedIn: linkedin.com/company/cashfree

Additional Resources

For additional images, videos, and press materials, please contact the press team at [email protected]. Specific image and video requests can be accommodated upon request.

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