In a key milestone for India’s fintech landscape, EximPe, a cross-border B2B payments startup, has received final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) for cross-border transactions. This positions EximPe among a rare breed of startups enabling global trade payment infrastructure directly under RBI oversight.
What This Means
The RBI’s Cross-Border PA license is a relatively new regulatory framework that ensures compliance, transparency, and technological robustness in international transactions. By receiving this license, EximPe can now officially facilitate international collections and settlements for Indian exporters and importers, cutting through layers of traditional friction in global B2B trade finance.
About EximPe
Founded with a mission to simplify cross-border trade finance, EximPe has grown into a platform that serves over 5,000 Indian businesses. Its tech stack enables exporters to collect payments in USD, GBP, EUR, and other currencies, while ensuring real-time settlement visibility, regulatory compliance, and reduced transaction costs.
The RBI’s nod allows EximPe to scale its services and integrate deeper with Indian banks, foreign exchange channels, and international payment networks, boosting trust and legitimacy.
Why It’s a Big Deal
Cross-border payments for small and mid-sized Indian businesses have historically been slow, opaque, and costly, often routed through manual SWIFT processes, high intermediary fees, and compliance headaches.
With this license:
EximPe can directly connect Indian businesses with global buyers and suppliers
It can act as a regulated intermediary — like a global Razorpay for B2B exports
It creates a digitally streamlined, RBI-compliant payments gateway for international commerce
“This approval marks a pivotal moment in our journey to empower Indian exporters and importers,” said Rishabh Garg, Founder of EximPe. “We are building the financial rails for the next decade of global trade.”
Market Context
This development comes as India’s exports continue to diversify, and the government pushes for easier trade facilitation for MSMEs. EximPe’s license positions it to become a critical player in the $600+ billion export-import ecosystem, where digital payment innovation is still catching up.
Expert Commentary
CA Manish Mishra, international tax and fintech strategist:
“Cross-border PAs are set to be the next wave in Indian fintech. With RBI oversight, players like EximPe can drive real trust in global B2B payments — something that’s been missing for years.”
CA Manoj Kumar Singh, trade compliance advisor:
“This move helps level the playing field for smaller exporters. It reduces dependency on traditional banks while maintaining regulatory hygiene. A well-regulated fintech stack in cross-border trade is long overdue.”
What’s Next for EximPe?
With regulatory clearance in hand, EximPe is expected to:
Expand its user base in manufacturing, SaaS, D2C exports, and logistics
Integrate deeper with international card networks, foreign banks, and API partners
Possibly attract institutional capital for scaling operations
Conclusion
EximPe’s RBI license is more than just a regulatory green light — it’s a signal of how Indian fintech is maturing beyond domestic payments into full-stack, cross-border financial infrastructure. As trade becomes increasingly digital, platforms like EximPe could emerge as the backbone of India’s global commerce engine.
