Cashfree reports Rs 1,000 crore revenue in FY26
25 May 2026, 08:50 PMThe company is raising a round to deepen payment innovations, scale the cross-border business, and expand into international markets.
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Bangaluru-based payment aggregator Cashfree Payments said it has reported Rs 1000 crore in revenues during FY26.
The company -- which claims to have achieved EBITDA profitability in March 2026 -- said it is "on track" for full-year EBITDA profitability in FY27.
Cashfree co-founder and CEO Akash Sinha said, "There is a version of profitability that comes from slowing down, cutting costs, deferring investments, and narrowing ambitions. That is not what happened here. We clocked in significant GTV growth that generated strong revenue performance and with efficient cost management we achieved EBITDA profitability in March 2026. In FY26 our cross-border operations reached scale, grew our merchant base significantly, and doubled down on AI-native infrastructure."
The company said its active merchant base grew 50% year-on-year in FY26. The SMB segment has been a particular standout with the gross transaction value for this segment growing by more than 2x.
Cashfree said its net-revenue grew by 10x between March 2025 and March 2026. "Cross-border revenues are expected to reach 25% of the total revenue in the coming years," the company said in its statement.
The company said it plans to raise a significant funding round "to deepen payment innovations, scale the cross-border business, and expand into international markets."
For FY25, Cashfree reported Rs 640 crore in revenue from operations – down from Rs 642.7 crore in FY24. Its net losses widened from Rs 135 crore in FY24 to Rs 154 crore in FY25.
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