Wednesday, 5 February, 2025

Krafton Leads $53 Million Funding Round for Cashfree, Valuing Fintech Startup at $700 Million

Cashfree, an Indian fintech startup specializing in payment solutions, has secured $53 million in a funding round led by South Korean gaming giant Krafton. This investment brings Cashfree's total funding to nearly $100 million and values the company at $700 million. The capital will be used to enhance product development, expand market reach, and strengthen Cashfree's position in the digital payments sector.