India, Sept. 26 -- Fintech soonicorn Cashfree Payments' net loss for the fiscal year FY25 widened 14% to INR 154.1 Cr from INR 135 Cr in FY24 at the behest of flattening of its top line and slight increase in expenses.

In FY25, the fintech startup's operating revenue stood at INR 640 Cr, marginally down from INR 642.7 Cr in the previous fiscal. Including an other income of INR 67 Lakh, the company's total income for the period stood at INR 640.7 Cr.

Founded in 2015 by Akash Sinha and Reeju Datta, Cashfree Payments offers digital payment solutions like payment gateway, payout solutions, and banking APIs. It claims to have served over 8 Lakh businesses since inception, processing transactions worth $80 Bn annually. Its clientele features ...