About XFlow
XFlow is a Financial Services company based in Bengaluru (India) founded in 2021 by Ashwin Bhatnagar, Anand Balaji, and Abhijit Chandrasekaran. Cross-border payment solutions are provided for businesses. XFlow has raised $32.8 million across 3 funding rounds from investors including Stripe, Lightspeed India and General Catalyst. The company has 34 employees. Its chief executive, as recorded, is Anand Balaji. Its website xflowpay.com draws about 90 thousand monthly visits. Its Indian entity Xflow Payments India Private Limited reported revenue of ₹30.66 Cr. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and B2B Remittance. Its competitors include Skydo, PayGlocal and Salt; 3 of its 3 listed competitors have raised funding.
Company details
XFlow was founded in 2021 in Bengaluru, India, within the fintech sector focused on international payments. A platform is operated to enable secure transactions for exporters, startups, freelancers, and aggregators. Services encompass receiving accounts, payment links, invoicing, and API integrations for embedding payment functions. Transactions are handled via major banking partners, with transparent pricing and quick fund settlements ensured.
- Headquarters Bengaluru, India
- Employees 34
- Founders Ashwin Bhatnagar, Anand Balaji, Abhijit Chandrasekaran
- SectorsFinancial Services
- Email••••••••
- Website xflowpay.com/solutions/global-payment-aggregators
- Social LinkedIn X YouTube
- Legal Name Xflow Payments India Private Limited
- Date of Incorporation 02 Jul, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹30.66 Cr
FY 2025 · +23% YoY
- Net Profit₹3.91 Cr
FY 2025 · 13% margin
- EBITDA₹5.57 Cr
FY 2025 · 18% margin
- Total Equity Funding$32.8M (USD)
in 3 rounds
- Latest Funding Round$16.6M (USD), Series A
Feb 2026
- InvestorsStripe
& 8 more
- Employee Count34
Associated legal entities of XFlow
XFlow operates through Xflow Payments India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xflow Payments India Private Limited CIN U72900KA2021FTC149049 | Active | 02 Jul 2021 | Bengaluru, Karnataka | ₹30.7 Cr | 34 | 3 | View details |
Apps and channels of XFlow
its YouTube channel Xflow has 95 subscribers and 4 videos.
Videos from XFlow
The most watched videos on XFlow's YouTube channel, Xflow (95 subscribers). Click a video to play it here.
More on Xflow.
Funding Insights of XFlow
XFlow has successfully raised a total of $32.8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16.6 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.8M
- Total Rounds 3
- Last Round Series A — $16.6M
- First Round $6M
(Oct 2021)
- Investors Count 9
All 3 funding rounds of XFlow with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $16.6M | Series A | – | General Catalyst | |
| May 2023 | $10.2M | Seed | – | Square Peg Ventures | |
| Oct 2021 | $6M | Seed | – | Stripe, General Catalyst |
9 investors in total: 9 institutional.
Investors in XFlow
XFlow has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Stripe, Lightspeed India and General Catalyst.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Venture capital investing in innovative startups across technology sectors. | 2008 | lsip.com | Bengaluru, India | |
Venture capital fund investing in seed & early-stage startups | squarepeg.vc | Clifton Park, United States | ||
Investments are made in early-stage companies by Titan Capital. | titancapital.vc | Gurugram, India | ||
| lsvp.com | ||||
| paypal.vc | ||||
Strategic investments in ventures are managed from New York. | moorestrategicventures.tcc.mode | New York, United States | ||
Payment processing and card issuance solutions are provided for businesses. | 2009 | stripe.com | San Francisco, United States | |
| moorecap.com |
Investor details for XFlow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Board of directors of Xflow Payments India Private Limited (XFlow)
Xflow Payments India Private Limited is the primary company behind XFlow. The board of Xflow Payments India Private Limited currently have 3 directors; the longest-serving is Ashwin Bhatnagar, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashwin Bhatnagar DIN 09224722 | Director | 02 Jul 2021 | 5 yrs 3 mo | Xflow Payments India Private Limited |
| Anand Balaji DIN 08195330 | Director | 02 Jul 2021 | 5 yrs 3 mo | Xflow Payments India Private Limited |
| Salim Gangadharan DIN 06796232 | Director | 17 Jan 2024 | 2 yrs 9 mo | Xflow Payments India Private Limited |
People of XFlow
20 people are tracked at XFlow (6 in leadership, 14 in team); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Abhijit Chandrasekaran | Co-Founder | Leadership |
Pranav Gupta | Head Of Design | Leadership |
Malay Vaishnav | Director- Sales | Leadership |
Deepakshi Dawar | Head Of Marketing | Leadership |
Arjun Patel | Cross-border Fintech | Sales, Gtm, Partnerships | Team |
Tara A | Marketing Executive | Team |
Rubiya Asiz | Risk | Team |
Kanishka R. | Visual Designer | Team |
Suriya Krishna Mariappan | Engineer | Team |
Vaisakh Ravindran | Strategic Partnerships | Team |
Sourav Sarkar | Designer | Team |
Rahul Unnikrishnan | Business Operations | Team |
Varuntej Jainapur | Product Marketing Manager | Team |
Prateek Singh | UX Designer | Team |
Dhruv P. | Global Marketing Manager | Team |
Veeresh B | Business Operations Associate | Team |
Deepthi Rajeev | General Counsel | Team |
Harish Rijhsinghani | Marketing Consultant | Team |
Complete people profiles for XFlow
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Financials of XFlow
Figures of Xflow Payments India Private Limited, the primary company behind XFlow, for FY 2025. Revenue was ₹30.66 Cr (+23% year on year). Net profit was ₹3.91 Cr (13% margin). EBITDA was ₹5.57 Cr (18% margin). Revenue has grown at a compounded annual rate of +80% over three years.
- ₹30.66 CrRevenue · FY 2025 · +23% YoY
- ₹3.91 CrNet profit · 13% margin
- ₹5.57 CrEBITDA · 18% margin
- ₹19.7 LakhPaid-up capital
- 34Employees (provident fund records)
- +80%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Xflow Payments India Private Limited are on its company page.
Detailed financial statements for XFlow
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of XFlow
3 dated milestones of XFlow across 5 years, from founding to its latest funding, stage changes and deals.
- Founded XFlow is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series A, of $16.6M.
Competitors of XFlow
XFlow has 3 listed competitors in our database, 3 of them funded. They include Skydo, PayGlocal and Salt.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| skydo.com | 2022 | Bengaluru, India | $10M | 77 | International payments are enabled for businesses through a digital platform. | |
| payglocal.in | 2021 | Bengaluru, India | $16.9M | 97 | Multi-currency accounts and payment solutions are offered for global businesses. | |
| salt.pe | 2019 | Bengaluru, India | $625,000 | International payments solutions are provided for businesses. |
Detailed competitors of XFlow
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of XFlow
The website of XFlow (xflowpay.com) receives about 89.8K visits a month.
- Monthly visits89.8K
▼ 7.4% vs previous month
Websites whose visitors overlap most with XFlow. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| razorpay.com | 100% | 34.9M | #1,536 | View details | |
| usemultiplier.com | 95% | 309.8K | #124,591 | View details | |
| frbservices.org | 95% | #233,162 | View details | ||
| payu.in | 82% | #1,913 | View details | ||
| skydo.com | 81% | 500.8K | #84,315 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for XFlow
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as XFlow (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Xflow
Complete news archive for XFlow
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Frequently Asked Questions about XFlow
XFlow was founded in 2021.
XFlow is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anand Balaji is the CEO of XFlow, as recorded in our data. They have also founded this company.
XFlow is a funded company, having raised a total of $32.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Oct 2021.
XFlow has 34 employees.
The primary company behind XFlow, Xflow Payments India Private Limited, reported revenue of ₹30.66 Cr for FY 2025, up 23% year on year.
XFlow was founded in 2021 in Bengaluru, India, within the fintech sector focused on international payments. A platform is operated to enable secure transactions for exporters, startups, freelancers, and aggregators. Services encompass receiving accounts, payment links, invoicing, and API integrations for embedding payment functions. Transactions are handled via major banking partners, with transparent pricing and quick fund settlements ensured.
XFlow has 9 investors. Key investors include Stripe, Lightspeed India, General Catalyst, Moore Strategic Ventures, and Square Peg Ventures.
XFlow operates through Xflow Payments India Private Limited.
The legal entities of XFlow currently have 3 directors, including Ashwin Bhatnagar, Anand Balaji, Salim Gangadharan.