Stripe, PayPal Ventures Invest in India's Xflow to Streamline Cross-Border B2B Payments

Leading fintech companies Stripe and PayPal Ventures have backed Xflow's $16.6 million funding round, positioning the Indian startup to transform cross-border B2B payments.
Stripe and PayPal Ventures have participated in Xflow's $16.6 million funding round, giving the Indian startup a post-money valuation of $85 million. This strategic investment highlights the growing importance of seamless cross-border B2B payments and the potential of innovative financial technology solutions to address this critical need.
Xflow, founded in 2020, has developed a platform that simplifies the complexities of cross-border payments for businesses. By integrating directly with banks and payment gateways, the startup aims to provide a frictionless experience for companies engaging in international transactions, whether it's facilitating supplier payments or processing customer transactions.
{{IMAGE_PLACEHOLDER}}Source: TechCrunch


