New Delhi, Feb. 5 -- Cashfree Payments has raised USD 53 million (INR 450 crore) in a funding round led by KRAFTON, the South Korean digital entertainment giant, with participation from existing investor Apis Growth Fund II, managed by Apis Partners Group (UK) Limited. The fresh capital will be instrumental in accelerating product innovation, market expansion, and global growth.

The collaboration with KRAFTON is expected to fuel Cashfree Payments' technological advancements, leveraging synergies to enhance digital payments and pioneer new solutions across diverse industries.

Cashfree Payments simplifies online payments and payouts for businesses through a seamless onboarding and integration process. The platform is compatible with popul...