Bengaluru, Feb. 5 -- Cashfree Payments is looking to expand its cross-border payments offering aggressively, thanks to a fresh injection of $53 million in its latest funding round.

Krafton, the South Korean media giant, led the round alongside existing investor Apis Growth Fund II. That brings the payments firm's valuation to $700 million, according to a person familiar with the development.

After the fundraise, co-founder and chief executive officer Akash Sinha told Mint the company would focus on three main pillars-customer experience, merchant experience, and payments infrastructure. International expansion and cross-border payments are part of the fourth pillar in 2025. "The product is already live in the market with a few beta cust...