Xflow, an Indian fintech startup focused on streamlining cross-border B2B payments for businesses, has secured $16.6 million in a Series A funding round. The investment was led by General Catalyst, with notable participation from Stripe, PayPal Ventures (a new backer), Square Peg, Lightspeed, and Moore Capital. This funding will help Xflow address the inefficiencies and lack of transparency in international money movement for Indian exporters and other businesses.
