Pioneering the Co-Branded Revolution in Cross-Border FinTech

Mumbai : WSFx Global Pay Limited, a RBI Authorized Dealer Category II and a BSE-listed entity with 30+ years of leadership in compliant, innovative forex solutions, along with Zaggle, one of India’s leading B2B SaaS FinTech innovators, today announced the launch of the Zaggle x GlobalPay Co-Branded Forex Card in India.

This milestone sets a category-defining precedent for Indian Fintechs, with Zaggle and GlobalPay jointly creating a blueprint for the co-branded era. More than just a product launch, it showcases how partnerships between regulated entities can drive innovation, scale and compliance, while delivering corporations comprehensive expense management and forex solutions.

Until now, AD-II players offered forex or remittance products with limited tools or layers of products. With the Zaggle GlobalPay Card, collaboration becomes the force multiplier — combining Zaggle’s expense management solutions and GlobalPay’s forex expertise to deliver a product that is reliable, scalable and cost-efficient for businesses and global travellers alike.

True privilege isn’t about points or tiers; it’s about freedom which lies in flexible, transit exclusive features accessed through a Pay-Per-Use model, which puts customers in control of what they pay for and when. With this card, customers can access transit features like global airport lounges, airport transit hotels, doorstep visa assistance, global SIM cards, and instant travel insurance. At the same time, corporates benefit from Zaggle’s advanced expense management capabilities, including OCR-powered receipt capture, real-time spend tracking, automated expense approvals and seamless reconciliation, ensuring every transaction is transparent, controlled, and compliant. For moments of indulgence, users can also opt into on-demand golf club access, airport spas, curated food & beverage privileges, and valet services.

The partnership brings together Zaggle’s base of over 3,500 corporates with GlobalPay’s suits of forex capabilities, offering businesses seamless management of International travel expenses and foreign transactions. For regulators, it demonstrates how compliance and innovation can operate hand-in-hand. 

Speaking on the launch, Srikrishna Narasimhan, CEO & Whole-Time Director, GlobalPay, said, “This partnership is more than a product launch — it’s a validation of collaboration as the new force multiplier in fintech. By bringing together GlobalPay’s forex expertise and Zaggle’s deep enterprise network, we are not just launching a card, we are pioneering a new category of compliant, scalable solutions for Indian businesses and Global travelers.”

Avinash Godkhindi, MD & CEO, Zaggle, added,“Zaggle has always been at the forefront of enabling corporates to manage and optimize spends. By partnering with GlobalPay to introduce this co-branded Forex Card, we are delivering a smarter, seamless, and compliant solution for corporate spending. This offering is a game-changer for managing overseas travel, expenses and forex efficiently, reflecting the power of collaboration between two regulated entities driving innovation.”