{"id":40703,"date":"2025-02-24T14:03:54","date_gmt":"2025-02-24T11:03:54","guid":{"rendered":"https:\/\/entarabi.com\/?p=40703"},"modified":"2025-02-24T14:45:36","modified_gmt":"2025-02-24T11:45:36","slug":"cashfree-secures-53-million-in-funding-to-expand-into-the-middle-east","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/02\/cashfree-secures-53-million-in-funding-to-expand-into-the-middle-east\/","title":{"rendered":"Cashfree Secures $53 Million in Funding to Expand into the Middle East"},"content":{"rendered":"<ul data-start=\"109\" data-end=\"375\">\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"109\" data-end=\"185\"><strong data-start=\"111\" data-end=\"134\">$53 million funding<\/strong> secured, led by KRAFTON and Apis Growth Fund II.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"186\" data-end=\"275\"><strong data-start=\"188\" data-end=\"234\">Expansion into the UAE and the Middle East<\/strong>, leveraging its partnership with Telr.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"276\" data-end=\"375\"><strong data-start=\"278\" data-end=\"313\">Comprehensive payment solutions<\/strong> supporting platforms like Shopify, WordPress, and WhatsApp.<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"377\" data-end=\"706\"><strong data-start=\"377\" data-end=\"389\">Cashfree<\/strong>, a digital payments company, has announced the successful completion of its latest <strong data-start=\"481\" data-end=\"510\">$53 million funding round<\/strong>, led by <strong data-start=\"519\" data-end=\"568\">KRAFTON (South Korea) and Apis Growth Fund II<\/strong>. This investment aims to <strong data-start=\"594\" data-end=\"649\">accelerate the company&#8217;s expansion into new markets<\/strong>, particularly the <strong data-start=\"668\" data-end=\"703\">UAE and the broader Middle East<\/strong>.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"708\" data-end=\"967\">The move aligns with the rapid growth of digital payments in the region. Cashfree has been strengthening its presence through a strategic partnership with UAE-based Telr, following its $15 million majority stake acquisition in November 2021.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"969\" data-end=\"1174\"><strong>Akash Sinha<\/strong>, CEO and Co-founder of Cashfree, stated that the company aims to apply its expertise from the Indian fintech sector to emerging markets that exhibit similar digital payment growth trends.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1176\" data-end=\"1460\" data-is-last-node=\"\" data-is-only-node=\"\">The company offers a wide range of <strong data-start=\"1211\" data-end=\"1261\">online payment processing and payout solutions<\/strong>, with <strong data-start=\"1268\" data-end=\"1350\">seamless integration across platforms such as Shopify, WordPress, and WhatsApp<\/strong>, enabling businesses in emerging markets to <strong data-start=\"1395\" data-end=\"1459\">enhance the efficiency and accessibility of digital payments<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>$53 million funding secured, led by KRAFTON and Apis Growth Fund II. Expansion into the UAE and the Middle East, leveraging its partnership with Telr. Comprehensive payment solutions supporting platforms like Shopify, WordPress, and WhatsApp. Cashfree, a digital payments company, has announced the successful completion of its latest $53 million funding round, led by KRAFTON [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":40700,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[7326,7324,7325],"class_list":["post-40703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-apis-growth-fund-ii-en","tag-cashfree-en","tag-krafton-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/40703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=40703"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/40703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/40700"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=40703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=40703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=40703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}