The company refused to comment further on its shareholding in Telr. The investment will also allow Cashfree’s merchants to accept payments from customers in the MENA region, as the company looks to develop a unified cross-border payments platform with Telr. The Bengaluru-based startup is actively looking to set foot in Southeast Asian and African markets, apart from the Middle East, over the course of next year, according to Cashfree co-founder and chief executive, Akash Sinha. The company will largely follow an inorganic route of either acquisitions, investment or partnership to expand into these international geographies, Sinha told Mint in an interview. The company is also scouting for acquisitions in its home market as it looks to strengthen its product play in the payments and neo–banking space. Seven-year old, Telr is a payment gateway that enables handling payments in over 120 currencies and 30 languages.