Payments fintech Cashfree receives investment from State Bank of India

Cashfree, a Bengaluru-based payment service provider, has received an undisclosed loan financing round from the State Bank of India.

Cashfree founders Reeju Datta and Akash Sinha

Cashfree was founded in 2015 by graduates Akash Sinha and Reeju Datta and claims to process more than 20 billion US dollars annually.

It offers payments and API banking solutions that enable businesses to collect and make payments with a “simple integration”.

The company’s solutions include a payment gateway, split …

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