Reserve Bank of India (RBI) grants EximPe PA-CB licence for cross-border UPI collections.

Exam-focused facts from the 14 February 2026 current affairs briefing.

Key facts

Mumbai-based fintech EximPe received final PA-CB authorisation from the Reserve Bank of India (RBI).
The licence enables global merchants and payment platforms to collect payments from India via UPI and other local payment methods.
Before the authorisation EximPe facilitated over USD 500 million in bank-led cross-border trade payments across key Asia corridors.
EximPe targets USD 1 billion in annualised UPI payments within the next 24 months.
EximPe raised USD 5 million in a 2022 seed round led by Leo Capital.