Cashfree appoints ex-Bandhan AMC exec Piyush Anchliya as its CFO

16 Apr 2025, 10:30 AM

Anchliya replaces Vikas Guru, who served as CFO at Cashfree for nearly four years.

Team Head&Tale

Cashfree has appointed Piyush Anchliya as its chief financial officer. In his new role, he will be responsible for driving financial strategy, optimising operations, and supporting the company’s next phase of strategic growth. 

Anchliya replaces Vikas Guru, who served as CFO at Cashfree for nearly four years. He will report to Cashfree Payments co-founder and CEO Akash Sinha.

Prior to this role, Anchliya held senior roles across India, and the US, including at Barclays and IDFC/Bandhan Group. Most recently, he served as CFO at Bandhan AMC (previously IDFC Asset Management Company). He holds an MBA from the IIM Ahmedabad and a B.Tech. from the IIT Kharagpur.

"Piyush joins Cashfree Payments at a pivotal time, as the company strengthens its leadership with three key RBI licenses—PA-PG, PA-CB, and PPI—reinforcing its position as a trusted, compliant fintech partner," the company stated. "His expertise in both public and private markets, coupled with a strong focus on sustainable growth, will play a key role in advancing Cashfree Payments’ financial and strategic objectives."

Recently, the Bengaluru-based payments aggregator raised $53 million in a funding led by Krafton and Apis Growth Fund II. The company claims that it processes $80 billion in payments annually for over 800,000 businesses.

In December 2023, Cashfree received the final approval from The Reserve Bank of India to operate as a payment aggregator.