This #FounderFridays, we explore cross-border payments with @xflowpay founders, @andybals and @abhatnagar. Their global payments infrastructure company simplifies cross-border transactions, making them as seamless as domestic payments! Here's how they're changing the game: 1. Cross-border B2B payments are time-consuming, opaque and tedious. The founders aimed to transform this process with a solution that ensures businesses can track and receive payments of any amount in just 1 business day. 2. The total exports and imports from India exceed $1 trillion, while globally cross-border payments exceed $150 trillion, making it a huge yet untapped market, XFlow is first-of-its-kind in this segment providing seamless infrastructure and a convenient & compliant medium for cross-border transactions. 3. In 2021, they started XFlow to simplify cross-border payments, resolving issues like uncertain timelines, transaction limits, high FX rates, documentation and more. They work with RBI-authorised banks to ensure compliance, so companies can expect hassle-free reconciliation with 1-click online payments. 4. From freelancers to SMEs, all the way to large platforms, they are making cross-border payments as easy as collecting locally! XFlow provides powerful APIs for platforms to build payment experience that seamlessly blends into their existing experience. 5. Exorbitant and opaque FX rates pose a significant challenge in cross-border payments, especially for smaller companies and freelancers aiming to scale up. The founders recognised this barrier and partnered with global banks to achieve competitive rates, enabling companies to save as much as 3%! 6. In the near future, XFlow aims to increase the number of currencies, expand coverage of local payment methods in various countries and support all kinds of businesses across India! As ~30% of Indian companies venture into global markets, XFlow emerges as a necessary infrastructure to enable all kinds of businesses to target international markets. Several businesses and platforms have already simplified their payment experiences and processed millions of dollars on XFlow. Check-out open roles at: xflowpay.com/jobs and read more about XFlow at : xflowpay.com.