• The ESOP buyback comes at a time when Cashfree has moved into a new 80,000 sq ft headquarters at Ecoworld, Bangalore, underscoring its next phase of growth

Bangalore : Marking a decade of innovation in India’s digital payments ecosystem, India’s leading payments company Cashfree Payments today announced the implementation of ESOP buyback plan for its employees, both existing and former. The plan covers over 400 Cashfree employees, including 175 former employees, reinforcing the company’s long-standing philosophy of building long-term value and enabling wealth creation for those who have contributed to its growth journey.

Commenting on the announcement, Akash Sinha, CEO & Co-founder, Cashfree Payments said, “Turning ten is not just a milestone, it’s a powerful reminder of how far we’ve come and how much more we’re building toward. This journey has been shaped by the passion, resilience, and belief of our Cashiens- past and present. As a company that has always put employee wellbeing first, we see ESOPs not merely as a retention tool or a future promise, but as a tangible way to participate in wealth creation and ownership. Whether someone is building with us today or helped lay the foundation in our early years, this buyback is about recognising real contribution and sharing the outcomes of growth. As we continue to scale India’s payments and identity infrastructure, our commitment remains to build a company where progress and prosperity are shared.”

As the first fintech to have received the PA-CB License (Payment Aggregator – Cross Border), from the RBI for not just exports but also imports flow, Cashfree has been scaling its cross border payments stack aggressively, and witnessed a dramatic 250% GMV growth over last year. Currently cross border accounts for 10% of the company’s revenue and Cashfree is aiming to scale it to nearly 25% by 2030.

The ESOP buyback comes at a time when Cashfree has moved into a new 80,000 sq ft headquarters at Ecoworld, Bangalore, underscoring its next phase of growth anchored in a future where employee well-being, collaboration, and AI-driven innovation intersect to build the payments infrastructure of the future. Cashfree today powers over $80 billion in annual payment volumes, serves more than one million businesses, including the likes of Zepto, RedBus, Swiggy, Nykaa, Big Basket, among others.