Bengaluru, India — Indian cross-border payments fintech Xflow has marked a significant milestone in its growth trajectory by raising $16.6 million (approximately ₹151 crore) in a Series A funding round and securing full Payment Aggregator – Cross Border (PA-CB) licence approval from the Reserve Bank of India (RBI) covering both exports and imports.
The funding round was led by existing investor General Catalyst, with continued participation from Square Peg, Stripe, Lightspeed, and Moore Capital. New investor PayPal Ventures also joined the cap table, underscoring broader confidence from global payments infrastructure players in Xflow’s mission to modernize cross-border financial flows for I
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