Bengaluru | February 11, 2026: EximPe, a cross-border payments infrastructure company, has received final Payment Aggregator – Cross Border (PA-CB) authorisation from the Reserve Bank of India (RBI). This milestone strengthens EximPe’s ability to expand UPI-led cross-border payment capabilities, enabling global merchants and payment platforms to seamlessly collect payments from Indian customers through UPI, cards, wallets, netbanking, and local bank transfers, with settlement into offshore accounts in preferred currencies.
Operational Scale & Market Impact
- Prior to PA-CB authorisation, EximPe operated as a technology service provider (TSP) to banking partners.
- Facilitated $500 million+ in bank-led cross-border trade payments across Asia corridors.
- Transitioned into direct cross-border payment aggregation under RBI’s PA-CB framework.
- Among the select few PA-CB license holders to secure approval without a prior domestic PA or online payment gateway license.
With this authorisation, EximPe aims to process $1 billion in annualised UPI-led cross-border transactions by 2028, driven by growing adoption among international merchants targeting India.
Arjun Zacharia, Founder & CEO, EximPe, said: “India’s digital payment rails are no longer domestic infrastructure—they are becoming globally relevant acceptance channels. With PA-CB authorisation, we are enabling international merchants to plug directly into India’s fastest-growing payment ecosystem without regulatory friction. We believe UPI-led cross-border collections will become a default requirement for global businesses targeting India over the next five years.”
Funding & Backing
In 2022, EximPe raised $5 million in seed funding anchored by Leo Capital, with participation from Beta Lab, RB Investments, Founder Bank Capital, iSeed Ventures, 2am VC, LetsVenture, and BoldCap.
The round also included prominent angel investors such as:
- Ankit Nagori (Founder, CureFoods)
- Kunal Shah (Founder, Cred)
- Ashish Gupta (MD, Helion Ventures)
- Rajesh Raju (MD, Kalaari Capital)
- Axel Wehr (Partner, Firestartr.vc)
- Aprameya Radhakrishnan
About EximPe
Founded by Arjun Zacharia, EximPe is a licensed cross-border payments infrastructure company enabling global merchants and payment service providers to collect via UPI and local payment methods from India and settle globally. Headquartered in Singapore, with offices in Bengaluru and Mumbai, EximPe has facilitated $500 million+ in bank-led cross-border trade payments, serving businesses across the India-China, India-Hong Kong, India-Singapore, and India-ASEAN corridors.
🌐 Website: www.eximpe.com
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