– Secures Great Place to Work® certification in the mid-size organizations category
– Plans to double employee headcount this year by Dec 2022
Cashfree Payments, a leading payments and API banking solutions company, today announced that it has been recognized amongst India’s best workplaces, in the ‘Mid-Size Organizations’ category in India’s Financial Services and Insurance industry, by the Great Place to Work® Institute.
This is the first time that Cashfree Payments has applied for this respectable certification which comes as a result of a rigorous assessment of parameters like Trust, Credibility of Management and Camaraderie among others. The recognition reiterates the company’s focus on providing a safe and secure work environment to its employees.
In 2021, Cashfree Payments achieved 2X growth in its employee count. This recognition will provide a much-needed boost to the company’s future hiring goals of reaching a staff strength of over 950 by the end of FY22.
Akash Sinha, CEO and Co-Founder, Cashfree Payments said, “Cashfree Payments is today one of the top payment partners in the country, because of our ability to attract, retain and motivate the best talent available here. As one of the emerging employers of talent in the country, we continue to invest in the growth and personal development of employees at all levels. We are delighted to be certified as one of India’s best workplaces by Great Place to Work® Institute. This is a testament to our efforts of creating an inclusive work culture that focuses on integrity, high trust and excellent care for our employees.”
Since its inception, Cashfree Payments has prioritized the creation of a work environment that supports its employees and recognises their contributions. The certification process required participation in the Trust Index©, employee survey and meeting the necessary scores. Based on the hindrances that have been highlighted by various employee-led initiatives, the organization has curated policies for employee empowerment and well-being.
Sapna Sukumar, Vice President – HR, Cashfree Payments said, “We endeavor to provide a diverse, informative, and employee-driven work environment. Our workforce has always been instrumental in our sustained growth. We are more than happy and delighted that the employees have dedicatedly contributed their insights and time to the company. Our objective has always been to establish a positive workplace that encourages development, fosters innovation, and promotes intense fellowship and camaraderie amongst all employees.”
The Great Place to Work certification™ is a recognition of the organization’s commitment to building a safe and secure work environment for its employees alongside a diverse, inclusive and people-first work culture. Their study of employee experience and people practices across organizations spans over three decades and the certification is universally acknowledged as a benchmark for identifying and recognizing great workplace cultures.
With over 50% market share among payment processors, Cashfree Payments today leads the way in bulk disbursals in India with its product Payouts. Recently, India’s largest lender, SBI invested in Cashfree Payments, further underscoring the company’s role in building a robust payments ecosystem. Cashfree Payments works closely with all leading banks to build their core payments and banking infrastructure that helps power 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 being used in eight other countries including the USA, Canada and UAE.
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