Cashfree unveils ESOP buyback plan for over 400 employees

20 Jan 2026, 06:28 PM

The initiative allows current and former employees with vested stock options to monetize their holdings.

Team Head&Tale

Fintech company Cashfree Payments has announced an ESOP buyback programme that will provide liquidity to over 400 employees, including 175 former team members.

The initiative allows current and former employees with vested stock options to monetize their holdings. 

However, the company has not disclosed the total value of the buyback or the share price at which the repurchase will be executed.

Cashfree Payments, which was established in 2015, provides a payments and payouts infrastructure platform for businesses. 

Last year, it had secured $53 million in a funding round led by Krafton. The company has raised a total of $95 million from investors including Y Combinator, Smilegate Investments, and State Bank of India.

Cashfree reported operating revenue of Rs 640 crore in FY25, marginally lower than Rs 643 crore in FY24. The company's net loss expanded by 14% to Rs 154 crore from Rs 135 crore in the previous fiscal year.

Earlier this month, fintech major Paytm approved fresh grant of 1.24 lakh ESOPs worth Rs 16.6 crore.

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