# XFlow Payments India Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xflow-payments-india-private

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.xflowpay.com
- Total disclosed funding: $23M
- Latest round: Series A (Feb 23, 2026)
- Investors on record: 6

## About

Based in  Karnataka, India, and founded in 2021 by co-founders Anand Balaji and Ashwin Bhatnagar, XFlow Payments India Pvt. Ltd. operates as a fintech company providing infrastructure for international business payments.  In February 2026, XFlow Payments India Pvt. Ltd. raised USD 16.6 million in series A funding led by General Catalyst Partners, with participation from Square Peg, Stripe, Inc., Lightspeed Venture Partners, Moore Strategic Ventures, and PayPal Ventures. The series A funding values XFlow Payments India Pvt. Ltd. at USD 85 million post-money.

XFlow Payments India Pvt. Ltd. provides application programming interfaces (APIs) and dashboards to make transactions and accept cross-border payments. The company offers services such as Next day payment, foreign currency accounts, Competitive and transparent FX, reconciliation, and online payment services. In addition, the firm allows users to integrate with its application programming interface (APIs) and create payment systems.  The company generates revenue by charging 1 percent for transactions in INR. The firm charges 0.25 percent for ACH Debits and 0.25 percent for cheques. XFlow charges 7 percent for BNPL transactions. The company will use the February 2026 funding to develop additional products on top of its core cross-border payments infrastructure and secure regulatory licenses in new markets.

## Funding rounds

- Series A, Feb 23, 2026, $17M — Lightspeed Venture Partners, General Catalyst Partners, Stripe, Inc., Square Peg, Moore Strategic Ventures, PayPal Ventures
- Seed, Oct 25, 2021, $6M — Lightspeed Venture Partners, General Catalyst Partners, Stripe, Inc.

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed, Series A
- Stripe, Inc. — Seed, Series A
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series A
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Series A