SBI Invests In Digital Payments Startup ‘Cashfree’
The Bengaluru-based fintech startup is a full-stack payments solution
Launched in 2015 by Akash Sinha and Reeju Datta
‘Cashfree’ is used by more than 50K businesses for vendor payouts, wage payouts, bulk refunds and more
‘CRED’, ‘BigBasket’, ‘Zomato’, ‘HDFC Ergo’, ‘Zoomcar’ and ‘Delhivery’ are clients of Cashfree
SBI has been building towards a larger fintech play for the past few years
