XFlow

XFlow is a Bengaluru-based fintech startup specializing in cross-border B2B payments infrastructure, XFlow simplifies international transactions for freelancers, small and medium enterprises (SMEs) and large corporations. The company operates under stringent regulatory compliance, holding an RBI Payment Aggregator-Cross Border (PA-CB) license and partnering with global banks like JP Morgan Chase.

Core Products & Services

• Virtual Foreign Accounts: Enables businesses to receive payments in 32+ currencies via local bank transfers, avoiding complex SWIFT processes.

• API-Driven Solutions: White-labeled payment infrastructure for platforms to embed cross-border transactions seamlessly.

• Compliance Tools: Automated FIRA (Foreign Inward Remittance Advice) generation, GST-compliant invoicing and real-time tracking.

• FX Conversion: Competitive exchange rates with zero markup and transparent pricing.

Unique Value Proposition

• Cost Efficiency: Reduces forex fees by up to 80% compared to traditional banks.

• Speed: Settles payments in 1–2 business days vs. 3–5 days for banks.

• Regulatory Compliance: SOC 2 and ISO 27001 certified, with integrations into RBI-authorized banking partners.

• Scalability: Supports transactions of any size, including invoices exceeding $10,000.

Business Model & Revenue Streams

1. Transaction Fees: Flat $29 fee per international payment received.

2. FX Conversion Margins: Earns a small spread on currency exchanges, though rates remain competitive.

3. Subscription Plans: Premium features like bulk payouts and advanced analytics (under development).

4. Partnership Commissions: Revenue sharing with banking partners and platform clients.

Customer Segmentation

• B2B: SMEs, freelancers and enterprises in IT services, consulting and e-commerce.

• Platforms: Marketplaces and SaaS companies integrating XFlow’s APIs for cross-border payments.

Growth Strategy

• Geographic Expansion: Adding support for currencies in Australia, Japan and Southeast Asia.

• Product Innovation: Enhancing bulk payout tools and AI-driven compliance checks.

• Strategic Partnerships: Collaborations with Shopify, Amazon Global Selling and Zoho Books.

• Regulatory Advancements: Securing licenses for multi-currency wallets and lending products.