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Cashfree Payments (YC S17) — Next-gen digital payments provider for india

Cashfree is a next-generation payments company for Indian businesses. Cashfree helps 50,000+ businesses collect and send money with solutions such as an easy to integrate payment gateway that supports instant settlements & refunds; Payouts - an API banking platform for bulk disbursals; a split payment solution for marketplaces; a Bank Account Verification API; a dedicated UPI stack for businesses and Auto Collect - a virtual account solution to match inbound payments to customers.

Cashfree Payments is a Y Combinator company in the Summer 2017 batch. Its directory entry describes it as: Next-gen digital payments provider for India. The founders listed are Akash Sinha (Founder), Reeju Datta (Founder) (Y Combinator directory entry, June 9, 2017).

6 more companies from YC Summer 2017 ↓

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Cashfree Payments

New accelerator entry · 2017-06-09 · the record

Summer 2017
batch
200
people
Growth
stage
India
region
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What the record says

BatchSummer 2017
Announced2017-06-09
StageGrowth
StatusActive
Team size200
IndustryFintech
Sub-industryFintech -> Payments
SectorsPayments, India
RegionsIndia, South Asia, Remote, Partly Remote
BasedBengaluru, KA, India
HiringYes
Sitehttps://www.cashfree.com/
Previously known asCashfree

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Also in YC Summer 2017

Same batch, Fintech first.

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In their words

Cashfree is a next-generation payments company for Indian businesses. Cashfree helps 50,000+ businesses collect and send money with solutions such as an easy to integrate payment gateway that supports instant settlements & refunds; Payouts - an API banking platform for bulk disbursals; a split payment solution for marketplaces; a Bank Account Verification API; a dedicated UPI stack for businesses and Auto Collect - a virtual account solution to match inbound payments to customers. It counts Xiaomi, Nykaa, Zomato, Zoomcar, Cred, Swiggy, Shell, Zepto, Dunzo as well as donation platforms like Ketto and Milaap amongst its customers. Cashfree is a licensed payment aggregator in India and works with all leading banks to build the core payments and banking infrastructure that powers Cashfree’s products. Cashfree is also integrated with major platforms like Shopify, Wix, Paypal, Amazon Pay, Ola Money and Google Pay.

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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News

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  2. Which Company This Is

  3. What They Do, And How The Money Works

  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

  7. Warning Bells

  8. Sources

    1 cited source found

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Cashfree Payments: Accepted into Y Combinator Summer 2017
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Permanent URL: https://mentionfox.com/funding/yc-cashfree-payments
Last updated 2026-10-20
Primary record: Y Combinator directory entry
Cashfree Payments (YC S17) — Next-gen digital payments provider for india. MentionFox, 2026-10-20. https://mentionfox.com/funding/yc-cashfree-payments