EximPe secures RBI PA-CB in-principle licence

EximPe, a cross-border payment startup, has secured the Reserve Bank of India’s (RBI) Payment Aggregator Cross-Border (PA-CB) In-Principle licence (export and import).

According to EximPe, this makes the company one of the first to receive this new regulatory authorization without any existing payments licences. With this licence, it plans to enable compliant cross-border pay-ins and pay-outs for digital services, e-commerce, and B2B goods trade, serving businesses across Asian emerging markets.

The PA-CB licence will significantly enhance the company’s ability to facilitate seamless cross-border payments and simplify compliance for businesses engaged in international trade. The licence will enable the startup to transition from a technology platform enabling cross border payments to being able to provide a fully regulated cross border infra play. 

Founded in 2021 by Arjun Zacharia, EximPe is an all-in-one platform that provides real time rate booking, compliance, and trade documentation for businesses. The company serves a range of businesses who trade or sell services globally.

The Mumbai-based company had previously raised $3.5 million in Series A round from Leo Capital and others.

“With this licence, EximPe is uniquely positioned to support businesses in expanding in the highest growth global corridor between India-Asia, while simplifying complex regulatory and financial requirements. With the PA-CB licence, we want to expand our business by 10X by the end of FY 2026,” said Arjun Zacharia, CEO and founder of EximPe.

The platform claims to have already processed over $450 million in transactions and serves more than 5,000 SMEs, manufacturers, and service providers. It aims to further strengthen its position as a leading cross-border payment infrastructure provider by expanding its capabilities with this new licence.

Earlier, cross-border payments company Skydo had received in-principle authorization this year from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB) entity. "We’re glad to see more players receive the PA-CB licence. Cross-border payments represent a massive opportunity, with India’s goods and services exports projected to reach $2 trillion by 2030. A strong, regulated ecosystem is key to unlocking this potential, especially for underserved small businesses that have long faced friction in global transactions," said Movin Jain, co-founder of Skydo.