Mumbai, July 16, 2025 — Mumbai-based fintech startup EximPe has received the Reserve Bank of India’s in-principle approval to operate as a Payment Aggregator–Cross Border (PA-CB). The licence enables EximPe to directly facilitate both import and export transactions for Indian businesses.
This milestone positions EximPe as one of the first startups to secure the PA-CB licence without holding a prior domestic aggregator licence. With this, the company transitions from a technology enabler to a fully regulated cross-border payments infrastructure provider.
Founded in 2021 by Arjun Zacharia, EximPe has processed over $450 million in transactions and serves more than 5,000 Indian SMEs, exporters, and service providers. Its platform simplifies cross-border collections and remittances across Asia — especially in high-growth corridors like India–Southeast Asia.
“Securing the PA-CB licence is a defining milestone,” said Zacharia. “We’re building compliance-first infrastructure to support Indian businesses in global trade — without the paperwork, delays, or opacity that typically bog down the process.”
EximPe will use the licence to scale operations 10x by FY26, deepen integrations with trade platforms, and expand into new verticals like cross-border e-commerce, SaaS billing, and service exports. The company also plans to invest in advanced compliance, AML/KYC infrastructure, and multi-currency settlement systems.
This development comes amid increased RBI focus on formalizing India’s cross-border payments ecosystem. With players like PayPal and Worldline also receiving similar approvals, the sector is poised for transformation.
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