Xflow Payments India Pvt. Ltd. has raised $16.6 million from a Series A fundraise led by General Catalyst, with participation from PayPal Ventures and existing investors including Lightspeed, Stripe, Moore Capital and Square Peg.

CMS INDUSLAW advised Xflow on this fundraise.

The transaction team consisted of Minhaz Lokhandwala (Partner), Vinit Patwari (Partner), Yash Borana (Associate) and Sanjana Sreenath (Associate).

Xflow is a cross-border payments platform which enables Indian businesses to seamlessly collect and manage international payments. The platform currently supports transactions across more than 100 countries and 25 currencies.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.