Cashfree Payments has achieved a major milestone by crossing Rs 1,000 crore in revenue during FY26. The fintech company also announced that it expects to achieve full operational profitability in FY27, showing strong growth in India’s digital payments sector.

Cashfree Payments is one of India’s leading payment and banking technology companies. It provides services such as:

• Payment gateway solutions
• UPI payments
• Cross-border payment services
• Payout solutions
• API banking tools
• Identity verification services

The company serves businesses of all sizes, including startups, eCommerce brands, and large enterprises.

Key Highlights of FY26 Performance

• Revenue reached around Rs 1,000 crore in FY26
• Gross transaction value (GTV) grew 78% year-on-year in the March 2026 quarter
• Merchant base increased by 50% during the year
• The company achieved EBITDA profitability in March 2026
• Cashfree aims for full-year operational profitability in FY27

According to the company, strong revenue growth and efficient cost management helped improve overall business performance.

Strong Growth in Cross-Border Payments

One of the biggest growth drivers for Cashfree Payments has been its cross-border business.

Key Growth Numbers

• Cross-border GTV grew 8 times between March 2025 and March 2026
• Net revenue from cross-border operations increased 10 times
• Cross-border revenue may contribute nearly 25% of total revenue in coming years

The company has been investing heavily in international payment infrastructure and merchant onboarding.

Focus on Technology and AI

Cashfree Payments is also expanding its technology platform with:

• AI-based payment infrastructure
• Fraud detection systems
• Identity verification tools
• Automation solutions for merchants

The company believes AI-driven systems will improve transaction speed, reduce fraud risks, and enhance customer experience.

Growing Fintech Market in India

India’s digital payments industry continues to grow rapidly because of:

• Rising UPI adoption
• Growth in online shopping
• Increasing digital businesses
• Expansion of cross-border trade
• Higher fintech adoption among startups and enterprises

This growth has created strong opportunities for payment companies like Cashfree.

Future Plans

Cashfree Payments plans to focus on:

• Expanding cross-border services
• Increasing merchant partnerships
• Achieving full-year profitability
• Strengthening AI-powered payment infrastructure
• Launching new financial technology solutions

The company’s strong FY26 performance highlights growing demand for digital payment services in In