Cashfree Payments

Cashfree Payments YC Application

Summer 2017Active

Cashfree Payments went through Y Combinator in the Summer 2017 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Summer 2017
Industry
FintechPayments
Team size
200
Status
Active
Launched
2017

Founders

  • Reeju Datta
    Reeju DattaFounder
  • Akash Sinha
    Akash SinhaFounder

What Cashfree Payments does

Cashfree is a next-generation payments company for Indian businesses. Cashfree helps 50,000+ businesses collect and send money with solutions such as an easy to integrate payment gateway that supports instant settlements & refunds; Payouts - an API banking platform for bulk disbursals; a split payment solution for marketplaces; a Bank Account Verification API; a dedicated UPI stack for businesses and Auto Collect - a virtual account solution to match inbound payments to customers. It counts Xiaomi, Nykaa, Zomato, Zoomcar, Cred, Swiggy, Shell, Zepto, Dunzo as well as donation platforms like Ketto and Milaap amongst its customers. Cashfree is a licensed payment aggregator in India and works with all leading banks to build the core payments and banking infrastructure that powers Cashfree’s products. Cashfree is also integrated with major platforms like Shopify, Wix, Paypal, Amazon Pay, Ola Money and Google Pay.

Cashfree Payments's YC application, reconstructed

Y Combinator application

Cashfree Payments, Summer 2017 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Cashfree Payments

Describe what your company does in 50 characters or less.

Next-gen digital payments provider for India

What is your company going to make? Please describe your product and what it does or will do.

We provide Indian businesses with a payments platform that supports everything from an easy-to-integrate payment gateway to instant settlements and refunds, bulk payouts via API, split payments for marketplaces, and virtual accounts to reconcile incoming payments. We also provide APIs for bank account verification and a dedicated UPI stack for business use.

Where do you live now, and where would the company be based after YC?

We are based in Bengaluru, Karnataka, India and plan to continue operating here after YC.

Explain your decision regarding location.

Bengaluru is India's fintech hub, with access to banking partners, technical talent, and the core users we serve. It's where the payments ecosystem is evolving rapidly and where we have local traction.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Cashfree Payments YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Cashfree Payments's public data (launch notes, founder backgrounds, product description). It shows how a company like Cashfree Payments would present itself to YC, not the text they submitted.

What YC batch was Cashfree Payments in?

Cashfree Payments was part of the Y Combinator Summer 2017 batch.

Who founded Cashfree Payments?

Cashfree Payments was founded by Reeju Datta, Akash Sinha.

What does Cashfree Payments do?

Next-gen digital payments provider for India.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Cashfree Payments's application, and every other YC batch, is in YC Insights.

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