Cashfree Payments has launched an employee stock option (ESOP) buyback covering over 400 current and former employees, as the payments firm marks a decade since it was founded.The ESOP buyback includes 175 former employees, and comes as the Bengaluru-based company moves into a new 80,000-square-foot headquarters at Ecoworld, a large business park in the city. Cashfree did not disclose the size of the buyback.”As a company that has always put employee wellbeing first, we see ESOPs not merely as a retention tool or a future promise, but as a tangible way to participate in wealth creation and ownership,” said Akash Sinha, CEO & Co-founder, Cashfree Payments. “Whether someone is building with us today or helped lay the foundation in our early years, this buyback is about recognising real contribution and sharing the outcomes of growth. As we continue to scale India’s payments and identity infrastructure, our commitment remains to build a company where progress and prosperity are shared,” he added. Also ReadCashfree launches agentic payments to complete purchases inside AI chatFounded in 2015, Cashfree Payments provides payment processing and identity verification services to businesses in India. The company said it processes more than $80 billion in annual payment volumes and… Read MoreYourStory RSS Feed
