Xflow is building infrastructure for cross-border payments, starting with merchant-linked solutions. Beginning from India, the company aims to simplify cross-border payouts and inward payment flows for businesses across the world. These payment flows are typically high friction due to high regulatory/operational complexity, lack of transparency, and high transaction costs. Over time, the company can leverage this entry wedge to cross-sell other financial services and expand to SEA as it addresses a globally relevant problem.
Co-Founder Anand Balaji was the India head at Stripe and has served at key positions in Amazon and Microsoft. He is a graduate of Wharton School from the batch of 2010. Co-Founder Ashwin Bhatnagar has formerly served at Stripe and Amazon. He has completed his masters from USC Marshall in 2005.