Xflow Receives $10.2 Million To Expand Its Worldwide B2b Payment Solutions

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The investment was led by Australian venture capital (VC) company Square Peg and included active participation from Lightspeed, General Catalyst, and Moore Strategic Ventures.

XFlow, which specializes in expediting cross-border payments for Indian businesses, enables clients ranging from SMEs to corporate platforms to perform transactions in a regulatory-compliant way. The company supports businesses in smoothly transferring and receiving money, thereby simplifying international transactions.

XFlow wants to use the new funds to accelerate its growth, strengthen its technological stack, and expand its product offerings. The startup’s specific goals are to support more currencies, integrate more payment methods, and expand its operations to worldwide markets. A significant portion of the investment will be used to increase recruiting across many industries, including technology, sales, marketing, and design.

XFlow has been servicing an amazing portfolio of clients, including prestigious brands like WeWork India, Inkle, and iCliniq, to further strengthen its dedication to excellence.