EximPe Lands RBI's PA-CB Licence, Eyes Asia Expansion
EximPe, a cross-border payments infrastructure startup, has secured a significant boost with the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) licence. This allows the company to operate as a fully regulated payments aggregator, transitioning from a technology enabler to a cross-border infrastructure provider.
Securing the licence enables EximPe to deepen its market presence across key Asian trade corridors. High-growth corridors such as India-Southeast Asia will now benefit from enhanced capabilities to manage foreign exchange, compliance, and payment workflows through a single interface. EximPe's tech-first platform integrates real-time rate booking, compliance tools, and trade documentation to simplify international commerce for Indian SMEs, exporters, and service providers.
EximPe's growth is backed by strong financial support. In 2022, the company raised $3.5 million in a Series A funding round led by Leo Capital. This funding will support EximPe's plans to invest in cutting-edge compliance and security infrastructure, and forge strategic partnerships to expand its service offerings. The company has already processed over $450 million in transactions across its customer base of more than 5,000 businesses.
With the PA-CB licence, EximPe aims to scale its operations tenfold by the end of FY 2026. This ambitious goal reflects the company's commitment to transforming cross-border payments in Asia. By offering compliant pay-in and pay-out solutions tailored for digital services, e-commerce platforms, and B2B goods trade, EximPe is poised to simplify international commerce for businesses across emerging markets.
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