India, Aug. 19 -- Cashfree Payments inched closer to the Rs.1,000 Cr revenue mark in the fiscal year 2025-26 (FY26). The fintech soonicorn's operating revenue zoomed 51.1% to Rs.967 Cr in the fiscal under review as against Rs.640.1 Cr in FY25.

Buoyed by the rising top line, Cashfree Payments managed to trim its net losses by 23.1% to Rs.118.5 Cr in FY26 compared to Rs.154.1 Cr in the year ago period.

Including other income of Rs.5.03 Cr, the startup's total income stood at Rs.972.5 Cr in the fiscal under review.

Founded in 2015 by Akash Sinha and Reeju Datta, Cashfree Payments offers digital payment solutions like payment gateway, cross-border payments, payout solutions and banking APIs. It claims to have served over 20 Lakh businesses...