India based cross-border payments startup raised $10.2m in pre-Series A funding led by Square Peg.
“While payments within India are supported through the UPI infrastructure built by the government, sending money to, and receiving money from, countries outside India, is currently an unsolved and acute problem for local merchants and freelancers."
https://www.electronicpaymentsinternational.com/news/xflow-secures-10-2m-funding/