Global Expansion Strategies for FinTechs in Emerging Markets: A Playbook for Leaders
2nd August 2025
Exclusive
Flipkart Gets a Lending Licence: A Bold Leap into Embedded Finance
The Rise of Contactless Payments: Benefits and Security Concerns
The Impact of 5G on Fintech Services
.jpg)
The Future of Payments: Trends Reshaping Transactions in 2025
How Open Banking is Shaping Financial Services Globally
QR Codes and the Cashless Leap: Transforming India's Financial DNA
Top Fintech Innovations Shaping 2025: The Future of Finance
How AI is Transforming the Credit Scoring System
What the Future Holds for Digital-Only Banks: Navigating the Next Era of Banking
Biometric Payments: The Next Big Trend in Secure Transactions
The Evolution of Fintech Regulation: What’s Next?
The Role of Cryptocurrencies in Cross-Border Payments
Subscribers: 119
Xflow Wins RBI Approval as Cross-Border Payments Aggregator, Targets 30,000 Clients by Year-End
News
26 July 2025
1 min read
3946
Indian fintech startup Xflow has secured in-principle approval from the Reserve Bank of India to operate as a Payment Aggregator–Cross Border (PA‑CB-E&I), authorizing it to facilitate both import and export transactions. Co-founder and CEO Anand Balaji said the nod strengthens Xflow’s ambition to scale into a full-stack cross-border platform, targeting 30,000 businesses by end‑2025.
The company recently launched FX AI Analyst, touted as India’s first AI-powered forex insights tool, enabling businesses to monitor USD/INR trends and optimize currency conversions. So far, Xflow has raised USD 16.2 million in funding, including a USD 10.2 million seed round in May 2023 backed by Square Peg Ventures, with support from Lightspeed, General Catalyst, Moore Strategic Ventures, and Stripe.
With the RBI clearance, Xflow is now poised to widen its footprint as a trusted, regulated partner for cross-border payments in India, blending technology-led forex solutions with licensed compliance infrastructure.
👍 0
💬 0
Read Next
News
India and Singapore Expand UPI-PayNow Integration to Broaden Cross-Border Remittances
News
RBI Proposes Mandatory Contact Details in Bank Account Nominations to Enhance Inheritance Process
News
India’s Fintech Sector Attracts $889 Million in H1 2025, Dips from 2024 Levels: Tracxn
Article
Flipkart Gets a Lending Licence: A Bold Leap into Embedded Finance
News
Government Directs PSBs to Ramp Up Startup Lending Through Incubator Partnerships
.jpg)
News
RBI Imposes Penalties on Union Bank of India and Transactree Technologies for Regulatory Non-Compliance
×
Live Polls
Live Discussion
Topic Suggestion
Whom Do You Wish To Hear
Leave your opinion / comment here