Xflow Cross-Border Payments

Xflow Payments is a cross-border payments company founded in 2021 by Anand Balaji, Ashwin Bhatnagar and Abhijit Chandrasekaran, headquartered in Bengaluru, India. It helps exporters and platforms collect international payments and settle them in India without relying on banks with slow settlement and opaque FX.

The product line includes receiving accounts, invoicing with built-in payments, an AI FX analyst, stablecoin payments settled in INR, SaaS bill payments, and Xflow for Platforms, an API suite with white-label options. About 15,000 businesses use it, including fintech platforms Easebuzz and Drip Capital.

• Receiving accounts: virtual foreign-currency accounts for collecting international payments.
• Invoicing: invoices with built-in payment collection.
• Xflow for Platforms: APIs to embed cross-border payments with white-label options.
• FX AI Analyst: three-day forecast and target conversion rates.
• Stablecoin payments: stablecoin payments settled in INR.
• Licences: RBI PA-CB authorisation and a payments licence in Canada, with Singapore in progress.

A Vietnamese fintech or marketplace embedding Xflow APIs to pay out to Indian sellers or vendors. A Vietnamese software outsourcing firm with Indian clients collecting in INR. A regional platform adding white-label cross-border payments.

Prices conversions at the mid-market rate and shows the INR amount before a transaction. Funds are received in about one business day, with eFIRA issued within 24 hours. The site claims up to 50% savings on FX costs. API integration typically takes about two weeks.

Service and goods exporters in emerging markets are shifting from bank wires to specialised payment rails with transparent FX. Vietnam's export-oriented SMEs and software outsourcing firms face similar cost and settlement issues, and Xflow is pursuing a Singapore licence.

Series A of $16.6M in February 2026 led by General Catalyst with Square Peg, Stripe, Lightspeed, Moore Capital and PayPal Ventures; post-money valuation $85M; total funding above $32M. ISO 27001 and SOC 2 per site.