[Funding News] Cross-border Fintech Startup BRISKPE Secures $5 Mn Seed Funding From PayU

BRISKPE Funding News - Raises $5 Mn Seed Funding From PayU

Mumbai-based BRISKPE, a cross-border payments platform, has secured a $5 million seed funding from digital payments leader PayU. For the startup, this is its first round of institutional funding.

With the capital, BRISKPE will broaden its staff, improve the services and products it offers, and increase its market penetration so that more Indian companies may go worldwide with easy cross-border payments.

Read also - Discover our Top 50 Fintech Startups in India List

Sanjay Tripathy, Co-Founder and CEO of BRISKPE, said, “PayU’s investment in BRISKPE aligns with our shared mission to reshape global payments for small businesses. This partnership represents a pivotal stride in simplifying cross-border transactions for MSMEs, enabling them to scale globally. At BRISKPE, we are committed to bridging the gap between domestic and international trade, empowering local businesses with our innovative solutions to thrive globally.”

SMBs' global payments will be revolutionised by BRISKPE. Provide all-inclusive solutions that guarantee unwavering bank-grade compliance, speed, accessibility, cost-effectiveness, and improved payment tracking.

Read also - CII Releases Corporate Governance Charter For Startups

Vijay Agicha, Chief Investment Officer at PayU, highlighted the strategic importance of this investment, stating, “BRISKPE’s alignment with our cross-border payment strategy and focus on compliance highlights a symbiotic partnership. With BRISKPE’s top-notch management team expertise in digital-first business models and banking systems, we’re excited to actively participate in shaping their future growth. We’re optimistic about the potential in cross-border payments and remain committed to driving economic growth in India.”

About BRISKPE

BRISKPE was founded by Sanjay Tripathy, Nilesh Pathak, and Indunath Chaudhary, it is a Mumbai-based cross-border payments platform. The fintech platform seamlessly blends regulatory expertise, technological innovation, and an unwavering commitment to empower Indian MSMEs.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.

Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.