Cashfree Payments (Cashfree), a payments and API banking solutions company, plans to double its employee strength in 2022. The organisation aims to cross a headcount of 600 by March 2022 and of 950 by December 2022, while staying on schedule with appraisals, bonuses and promotions for the current team.
In 2021, Cashfree Payments strengthened its workforce to over 475 employees, having digitally onboarded over 300+ new hires. The hiring in 2021 also included crucial leadership roles across engineering, product management, strategy and growth teams. In December 2021, Cashfree Payments rolled out over 100+ offers to freshers from prominent engineering colleges including the IITs and NITs and will continue to expand its workforce as digital payments become more entrenched in India.
Akash Sinha, CEO and Co-founder, Cashfree Payments said that the rise in e-commerce penetration and widespread digital payments adoption has given the firm the opportunity to scale significantly. “Innovations are at the core of what we do and we are investing in skilled and talented individuals who will drive innovation and build a seamless payments ecosystem,” adds Sinha.
Recently, India’s largest lender, SBI invested in Cashfree Payments underscoring the company’s role in building a robust payments ecosystem. Cashfree Payments works closely with all leading banks to build the core payment gateways and banking infrastructure that powers the company’s products and is also integrated with major platforms such as Shopify, Wix, Paypal, Amazon Pay, Paytm and Google Pay. Apart from India, Cashfree Payments products are used in eight other countries including the USA, Canada and UAE.