Stripe, PayPal Ventures Bet on India’s Xflow to Fix Cross-Border B2B Payments | TechCrunch

Xflow founders Anand Balaji, Ashwin Bhatnagar and Abhijit Chandrasekaran

Xflow, an Indian fintech startup, has secured backing from both Stripe and PayPal Ventures in a $16.6 million funding round. The investment comes as the company seeks to gain a foothold in cross-border B2B payments, a market still dominated by banks and manual processes. The Series A round was led by General Catalyst with participation … Read more