Indian fintech startup Cashfree raises $35m led by Apis, Y Combinator

Indian fintech startup Cashfree raises $35m led by Apis, Y Combinator

Photo: Pramugdha Mamgain/DealStreetAsia

Bengaluru-based fintech startup Cashfree has raised $35.3 million as part of its Series B funding round. The investment was led by growth stage financial services investor, Apis Growth Fund II, with participation from existing investor Y Combinator.

The company will use the fresh capital to further scale Cashfree’s payments offering, develop new product verticals, and make strategic investments.

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