EximPe, a cross-border payment startup, has secured the Reserve Bank of India’s (RBI) Payment Aggregator Cross-Border (PA-CB) In-Principle licence (Export and Import).
According to EximPe, this makes the company one of the first to receive this new regulatory authorization without any existing payments licences.
With this licence, EximPe plans to enable compliant cross-border pay-ins and pay-outs for digital services, e-commerce, and B2B goods trade, serving businesses across Asian emerging markets.
The PA-CB licence will significantly enhance the company’s ability to facilitate seamless cross-border payments and simplify compliance for businesses engaged in international trade.
The licence will enable EximPe to transition from a technology platform enabling cross-border payments to being able to provide a fully regulated cross-border infra play. This capability is expected to benefit a wide range of businesses in sectors such as e-commerce, digital services, and manufacturing, ultimately reducing transaction friction and enhancing the global competitiveness of Indian SMEs.
Arjun Zacharia, CEO and Founder of EximPe, said, “Securing the PA-CB licence is a significant milestone in our journey. This validation of our hard work reaffirms our commitment to building a robust cross-border payment infrastructure. With this licence, EximPe is uniquely positioned to support businesses in expanding in the highest growth global corridor between India-Asia, while simplifying complex regulatory and financial requirements. With the PA-CB licence, we want to expand our business by 10X by the end of FY 2026.”
Founded in 2021 by Arjun Zacharia, EximPe is a one-stop platform for exporters/Importers helping them with FX payments, Trade Finance and Compliance solutions related to their business.
EximPe provides real-time rate booking, compliance, and trade documentation for businesses. The company serves a range of businesses that trade or sell services globally.
The platform claims to have processed over $450 million in transactions and serves more than 5,000 SMEs, manufacturers, and service providers.
