Karbon Business, a Y Combinator-backed Indian fintech, has introduced global payment links and multi-currency virtual accounts to streamline international payments for Indian SMEs and exporters. Launched on September 4, 2025, these features address the challenges of slow, costly, and opaque cross-border transactions. By offering faster settlements, up to 90% lower FX fees, and transparent reconciliation, Karbon Business empowers Indian businesses to scale globally while remaining compliant with regulations.
Karbon Business launches global payment links and multi-currency accounts.
Enables Indian SMEs to receive USD, EUR, GBP, and more without foreign banks.
Reduces FX fees by up to 90% with faster payment settlements.
Offers real-time tracking via a unified reconciliation dashboard.
Simplifies collections with payment links for one-time or custom services.
Supports over 3,000 SMBs and freelancers, backed by Y Combinator.
Karbon Business’s new global payment links allow Indian SMEs to collect payments from international clients effortlessly. Businesses can create a single link to accept debit or credit card payments, eliminating the need for complex invoicing or recurring billing systems. This feature simplifies collections for one-time or custom services, enhancing efficiency for exporters.
The platform’s multi-currency virtual accounts enable businesses to generate local receiving accounts in USD, EUR, GBP, AED, and other currencies. By supporting local bank transfers, Karbon Business eliminates reliance on costly SWIFT transfers, significantly reducing the cost of receiving international payments. “Our mission is to help Indian service exporters operate on a global scale without being constrained by outdated banking systems,” said Bo Li, co-founder of Karbon Business.
Karbon Business offers a unified reconciliation dashboard that provides real-time visibility into client inflows, FX conversions, and invoice-level payment history. This tool optimizes workflows for finance teams managing high-volume B2B payments, ensuring transparency and compliance with Indian cross-border payment regulations.
Founded in 2019, Karbon Business serves over 3,000 SMBs and thousands of freelancers, establishing itself as a leading solution for Indian exporters. The platform supports seamless receipt of major currencies directly into Indian accounts, bypassing intermediaries. These advancements enable SMEs to focus on growth rather than navigating complex banking systems.
Karbon Business’s latest features mark a significant step in simplifying cross-border payments for Indian SMEs. By reducing costs, enhancing transparency, and streamlining operations, the platform empowers exporters to compete globally with confidence and efficiency.
Karbon Business is a Silicon Valley–backed cross-border payments platform designed for Indian goods and service exporters. The platform enables SMEs to receive international payments seamlessly. Proudly backed by Y Combinator—Karbon Business empowers Indian exporters to scale globally with speed, transparency, and confidence, removing the friction and hidden costs of traditional banking systems.
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