Cashfree Payments reported close to ₹1,000 crore in revenue for FY26 and said it achieved EBITDA profitability in March 2026, as the fintech firm sharpens focus on cross-border payments and AI-led infrastructure.
The company said it is now on track to achieve full-year EBITDA profitability in FY27. Gross transaction value (GTV) grew 78 per cent on a Q4-on-Q4 basis during the fiscal year, while its active merchant base expanded 50 per cent year-on-year across enterprise and small and medium business (SMB) segments.
SMB segment
The SMB segment emerged as a key growth driver, with GTV from the segment more than doubling during FY26, aided by what the company described as strong brand traction.
Cashfree Payments also saw significant growth in its cross-border business. Cross-border GTV grew eightfold between March 2025 and March 2026, while net revenue from the segment increased tenfold during the same period. The company expects cross-border revenues to contribute nearly 25 per cent of total revenues over the coming years.
“There is a version of profitability that comes from slowing down, cutting costs, deferring investments, and narrowing ambitions. That is not what happened here,” said Akash Sinha.
“We clocked significant GTV growth that generated strong revenue performance and, alongside efficient cost management, achieved EBITDA profitability in March 2026. In FY26, we scaled our cross-border operations, significantly expanded our merchant base, and doubled down on AI-native infrastructure,” he added.
Strategic priorities
The company said its strategic priorities for FY27 include achieving full-year EBITDA profitability, scaling cross-border operations into a major revenue contributor, and investing further in identity verification products and AI-native payments infrastructure.
Cashfree Payments added that it plans to raise a fresh funding round to deepen payment innovation, expand its cross-border business and support international expansion efforts.
The company said it has achieved full-year profitability in five out of its ten years of operations and aims to maintain profitability consistently from FY27 onward.
Published on May 25, 2026