Cashfree Payments has appointed Sameer Gandhi as its Chief Financial Officer, as the company looks to accelerate growth and move towards profitability in the coming quarters.
Gandhi, a finance leader with more than two decades of experience across global financial institutions, will oversee the company’s financial strategy, with a focus on improving operational efficiency and strengthening revenue planning.
He joins Cashfree Payments at what the firm describes as a “pivotal phase” in its growth journey. The company has recently secured all three major payments licences from the Reserve Bank of India — Payment Aggregator, cross-border, and Prepaid Payment Instrument — giving it a regulatory advantage in India’s competitive fintech sector.
Chief executive and co-founder Akash Sinha said Gandhi’s experience working with large institutions would strengthen the leadership team.
“For over a decade, we have been simplifying payments to help businesses launch, grow, and succeed in the digital economy while ensuring that every transaction is safe, secure, and compliant,” he said. “As we accelerate into our next stage of growth, Sameer’s proven track record makes him a powerful addition.”
Gandhi most recently served as Head of Finance at Visa India, where he led financial operations and planning. He has also held senior roles at Vodafone and ING, and began his career at CRISIL and Citigroup.
On his appointment, Gandhi said he was “excited to join at a phase where ambition meets discipline and the path to profitability begins to take clear shape”, highlighting the long-term opportunity in India’s digital payments ecosystem.
Cashfree Payments currently processes more than $80 billion in transactions annually and serves over a million businesses, ranging from early-stage startups to publicly listed companies. The firm has also reported strong growth in its cross-border payments business, with cross-border GMV rising by 250% year-on-year.
The company recently raised $53 million in funding from investors including KRAFTON and Apis Growth Fund II, and is increasingly focusing on AI-driven solutions. These include tools that allow businesses to integrate payments directly into AI chatbots and agentic AI applications.
Gandhi said he aims to balance cost discipline with innovation while ensuring strong financial governance across the organisation.