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Indian fintech firm Cashfree Funds mentioned it recorded income of practically Rs 1,000 crore within the 2025-26 monetary 12 months (FY26) and expects to attain full-year EBITDA profitability
Indian fintech firm Cashfree Funds mentioned it recorded income of practically Rs 1,000 crore within the 2025-26 monetary 12 months (FY26) and expects to attain full-year EBITDA profitability in FY27.
The corporate mentioned it turned EBITDA worthwhile in March 2026, supported by sturdy income development and tighter price administration. Its gross transaction worth (GTV) rose 78% year-on-year within the March quarter.
“We clocked in vital GTV development that generated sturdy income efficiency and with environment friendly price administration we achieved EBITDA profitability in March 2026,” co-founder and CEO Akash Sinha mentioned.
Sinha added that the corporate’s cross-border operations had “reached scale”, whereas its service provider base expanded considerably throughout the 12 months.
Cashfree Payments mentioned its energetic service provider base grew 50% year-on-year in FY26 throughout each enterprise and small and medium-sized enterprise segments. The SMB phase greater than doubled its GTV, which the corporate attributed to rising model demand.
Its cross-border enterprise additionally reported speedy growth. Cross-border GTV elevated eightfold between March 2025 and March 2026, whereas web income from the phase grew tenfold over the identical interval.
The corporate additional mentioned cross-border operations are anticipated to contribute about 25% of complete income within the coming years.
Based in 2015, Cashfree Funds is backed by State Financial institution of India, KRAFTON, Y Combinator and Apis Companions, and was incubated by PayPal.
It holds three RBI licences: Fee Aggregator, Fee Aggregator-Cross Border and Pay as you go Fee Instrument.
The corporate mentioned its priorities for FY27 embody delivering full-year EBITDA profitability, increasing its cross-border enterprise and investing additional in id verification merchandise and AI-driven funds infrastructure.
It additionally plans to boost recent funding to help cost innovation, worldwide growth and development in cross-border companies.
/indianstartupnews/media/media_files/2025/10/23/ondc-appoints-rohit-lohia-as-chief-business-officer-2025-10-23-15-54-20.png?w=1280&resize=1280,960&ssl=1 "Indian Govt-Backed ONDC Appoints Rohit Lohia as Chief Business Officer")
