Xflow secures $16.6 million funding from PayPal, General Catalyst, other investors

Cross-border payments startup Xflow has secured $16.6 million in a fresh funding round led by existing investor General Catalyst.

US-based digital payments major PayPal has participated in the round as a new investor. Other existing investors—Lightspeed, Stripe, Moore Capital and Square Peg—have also participated.

With this round, Xflow has raised $32 million over three institutional funding rounds. The startup had last raised $10 million in 2023.

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