Cashfree bets on SME, cross-border payouts to chase ₹1,000 Cr FY26 revenue after RBI freeze
CEO Akash Sinha is pivoting Cashfree to SME merchants (+100% YoY) and cross-border (2x revenue) to escape a post-RBI-embargo plateau at ~₹640 Cr. FY25 losses widened to ~₹150 Cr while rival Razorpay scaled to ₹3,783 Cr. A private fundraise is on the table as the PA explores a path back to growth and profitability.
Cashfree CEO Akash Sinha outlines SME and cross-border payments push to revive growth after RBI freeze stalled revenue at ~₹640 Cr; targets ₹1,000 Cr in FY26, exploring private fundraise while Razorpay leads with ₹3,783 Cr revenue.
Why this matters
Cashfree is repositioning after an RBI freeze capped revenue near ₹640 Cr while Razorpay pulled ahead to ₹3,783 Cr. A private fundraise and SME/cross-border bets signal a reset toward profitability.
Retail-company signals steady at 1,007 over 90d, reflecting stable sector activity.