When was Xflow founded?

Xflow was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Xflow located?

Xflow is headquartered in Bengaluru, India.

Who is the current CEO of Xflow?

Ashwin Bhatnagar of Xflow. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is Xflow associated with?

Xflow is associated with FLOW PAYMENTS PTE. LTD. and 1 other.

How many employees does Xflow have?

As of Aug 31, 2025, Xflow has 49 employees, reflecting a 17% year-over-year growth in headcount.

Is Xflow a funded 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 round, raised on Oct 25, 2021.

How much is Xflow worth?

The latest valuation of Xflow is $***** as of Feb 24, 2026.

When was the latest funding round of Xflow?

Xflow's latest funding was a $***** Series A round on Feb 23, 2026, with participation from 6 investors. Its primary sector is Payments. In India, the Payments sector has seen $688M in funding in 2026 to date.

What is the annual revenue of Xflow?

Annual revenue of Xflow is less than $1M as on Mar 31, 2025

Where does Xflow rank among its competitors?

Xflow ranks 13th amongst 2927 active competitors, of which 284 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Xflow?

Xflow's top competitors include PayU, Flutterwave and Airwallex. Among them, Flutterwave secured the most recent funding round in July, 2026.

Xflow - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of infrastructure for processing and managing cross border payments. This service facilitates the collection of foreign currency funds through virtual accounts and automated invoicing systems. It enables the integration of payment capabilities into existing platforms via application programming interfaces. The system handles compliance documentation and regulatory requirements for international transactions. It supports the conversion of funds and provides tools for tracking financial movements.

Website: www.xflowpay.com/solutions/global-payment-aggregators
Social
Email ID: *****@xflowpay.com

Key Metrics

Founded Year

2021

Location

Bengaluru, India

Stage

Series A

Total Funding

$32.8M in 3 rounds

Latest Funding Round

Series A, Feb 23, 2026, $*****

Post Money Valuation

$***** as on Feb 24, 2026

Investors

General Catalyst & 11 more

Ranked

13^th among 2927 active competitors

Annual Revenue

$0 - $1M as on Mar 31, 2025

Employee Count

49 as on Aug 31, 2025

Similar Companies

Airwallex & 547 more

View Xflow's full profile

Xflow is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FLOW PAYMENTS PTE. LTD. CIN: 202116077N , Singapore, Active	May 04, 2021	$0 - $1M (As on Mar 31, 2025)	-
XFLOW PAYMENTS INDIA PRIVATE LIMITED CIN: U66190KA2021FTC149049 , India, Active	Jul 02, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	49 (As on Aug 01, 2025)

Xflow has raised a total funding of $32.8M over 3 rounds. Its first funding round was on Oct 25, 2021. Its latest funding round was a Series A round on Feb 23, 2026 for $*****. 6 investors participated in its latest round. Xflow has 12 institutional investors.

Here is the list of recent funding rounds of Xflow:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 23, 2026	1252278	Series A	9695652	5348845	4510116	6894908
May 25, 2023	5073985	Seed	1667150	7201933	8194444	General Catalyst & 2 more
Oct 25, 2021	1315770	Seed	3161758	1859487	Stripe & 2 more	Titan Capital

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View details of Xflow's funding rounds and investors

The founders of Xflow are Ashwin Bhatnagar and Abhijit Chandrasekaran. Ashwin Bhatnagar is the CEO of Xflow.

Here are the details of Xflow's key team members:

Ashwin Bhatnagar: Co-Founder & CEO of Xflow. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address
Abhijit Chandrasekaran: Co-Founder of Xflow and founder of 1 other company.
Contact Info: 1 email address

Xflow's Board of Directors

Xflow's board has 3 active members. Ashwin Bhatnagar and Anand Balaji are part of team and M Sivaananthan is independent board member.

Here is the list of Xflow's board of directors:

Name	Type	Representing	Status	Duration
Ashwin Bhatnagar	Team	-	Current	5y 3m
Anand Balaji	Team	-	Current	5y 3m
M Sivaananthan	Independent board member	-	Current	5y 3m

View details of Xflow's Founder profiles and Board Members

Xflow's employee count trend

Xflow has 49 employees as of Aug 25. The total employee count is 17.0% more than what it was in Aug 24. Here is Xflow's employee count trend over the years:

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Top competitors of Xflow include PayU, Flutterwave and Airwallex. Here is the list of Top 10 competitors of Xflow, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	84/100
2nd	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
3rd	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 51 others	83/100
4th	NIUM 2014, Singapore (Singapore), Series E	Cross-border money transfer solutions for businesses	$312M	GSR Ventures, Riverwood Capital & 35 others	79/100
5th	Rapyd 2016, London (United Kingdom), Series F	Provider of financial infrastructure for processing payments and issuing cards	$1.01B	Tal Capital, Durable Capital Partners & 34 others	76/100
6th	Currencycloud 2007, London (United Kingdom), Acquired	Provider of cross-border payment solutions and multi-currency payment infrastructure	$196M	Sapphire Ventures, Notion & 43 others	75/100
7th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Marshall Wace, Vitruvian Partners & 19 others	74/100
8th	Ant Group 2004, Hangzhou (China), Series D	Payment processing solution for consumers, small and micro businesses	$20.6B	T. Rowe Price, The Carlyle Group & 40 others	74/100
9th	Iyzi Payments 2012, Istanbul (Turkey), Acquired	Provider of payment solutions for e-commerce companies and individuals	$28M	VEF, IFC & 8 others	72/100
10th	BlueSnap 2001, Waltham (United States), Acquired	International payment solution	$68M	Great Hill Partners, Parthenon Capital & 1 others	69/100
13th	Xflow 2021, Bengaluru (India), Series A	Provider of infrastructure for processing and managing cross border payments	$32.8M	Moore Capital Management, Lightspeed & 10 others	68/100