Wednesday, November 6

Tag: Cashfree

ePayLater Partners with Cashfree to Bring in Pay Later Options
19Dec By Gauri SinghNo Comments
BUSINESS

ePayLater Partners with Cashfree to Bring in Pay Later Options

Indian digital payments company ePayLater which is based in Mumbai has partnered with another payment company called Cashfree to bring in its innovative payment facility to their merchants. This partnership will bring ePayLater’s credit-based payment solution to almost all the merchants such as Daily Ninja, BigSmall, WheelStreet, EventsHigh, EduCart and Instaspaces using the Cashfree payment gateway. Also, ePaylater is targetting to process Rs.1000 crore in payments within the next 12 months. The company wants the product to be rolled out to more than 5000 merchants on the Cashfree platform by next year. “Offering credit via Buy Now, Pay Later option is one of the most exciting developments in Indian fintech and Cashfree hopes to offer this...
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Cashfree Raises USD 120k From Y Combinator
28Oct By Press Trust of IndiaNo Comments
FUNDING

Cashfree Raises USD 120k From Y Combinator

Payments platform Cashfree today said it has received USD 120,000 in seed funding from Silicon Valley-based startup accelerator Y Combinator. Cashfree was one of 130 startups globally selected for Y Combinator's Summer 2017 batch and more than 7,000 applications were received this year, a statement said. "The products we have built are first of their kind and are helping businesses scale and innovate faster. We already are a profitable business and are looking to process Rs 200 crore of monthly payments by the end of the year," co-founder Akash Sinha said. The startup claims to process more than Rs 50 crore of payments every month and has 1,100 merchants on its platform. Cashfree works as a payment gateway that automates inbound and outbound bank transfers. This replaces the slo...
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