EximPe Receives RBI Approval for PA-CB Licence
In February 2026, EximPe, a Singapore-headquartered cross-border payments fintech, secured final Reserve Bank of India (RBI) Payment Aggregator-Cross Border (PA-CB) authorization enabling international merchants to collect payments from Indian customers via Unified Payments Interface (UPI), cards, wallets, net banking.
In February 2026, EximPe, a Singapore-headquartered cross-border payments fintech, secured final Reserve Bank of India (RBI) Payment Aggregator-Cross Border (PA-CB) authorization enabling international merchants to collect payments from Indian customers via Unified Payments Interface (UPI), cards, wallets, net banking.
- Notably, the approval was secured without holding a prior domestic PA licence. With this authorisation, the company is now permitted to operate under the PA-CB framework for both import and export transactions.
Key Details:
Previous Role: Before this authorisation, EximPe operated as a technology service provider to banking partners and facilitated more than USD 500 million in bank-led cross-border trade payments across key Asia corridors.
Key Goal: The fintech company has set the target to achieve USD 1 billion in annualised UPI payments over the next 24 months driven by merchant adoption across Asia corridors.
About EximPe: Founded by Arjun Zacharia, EximPe with offices in Bengaluru(Karnataka) and Mumbai(Maharashtra). The company raised USD 5 million in a 2022 seed funding round, backed by Leo Capital, along with other venture funds and angel investors.
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