BriskPe

BriskPe

Provider of cross-border payment solution for businesses and freelancers

Founded

2023

Headquarters

Mumbai (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 - 7507412090

BriskPe is a fintech company revolutionizing cross-border payments for Indian micro, small and medium enterprises (MSMEs) and freelancers. BriskPe addresses the unique challenges faced by Indian businesses in global trade, such as high transaction fees, payment delays and regulatory complexity. The company operates primarily in India, with a growing footprint in key international markets and is backed by prominent investors including PayU and Prosus.

Products & Services

  • Cross-Border Payments: Fast, low-cost international payments for MSMEs, exporters and freelancers.

  • Multi-Currency Virtual Accounts: Instantly open and manage accounts in major global currencies (USD, GBP, EUR, CAD, AUD, SGD).

  • Account-to-Account (A2A) Transfers: Secure, direct global fund transfers with transparent flat fees.

  • Card and Wallet Collections: Accept payments via international cards and PayPal wallet.

  • SWIFT Transfers: Support for global wire transfers in 30+ currencies.

  • Real-Time Payment Tracking: Monitor international transactions live from a unified dashboard.

  • Instant KYC & Onboarding: Quick, digital onboarding and compliance for new users.

  • Regulatory Documentation: Instant E-FIRA, E-BRC and automated compliance support.

  • Marketplace Integration: Seamless payouts from platforms like Amazon, Shopify and more.

  • 24/7 Customer Support: Dedicated assistance for all global payment needs.

Business Model & Revenue Streams

  • Transaction Fees: BriskPe charges a flat 1% fee (inclusive of GST) on the total transaction amount for its cross-border payments, which covers all costs—no hidden fees, SWIFT charges or forex markups.

  • Value-Added Services: Revenue is also generated from premium services such as instant compliance documentation, real-time payment tracking and integration with global marketplaces and logistics partners.

  • Partnership Commissions: As an Amazon-approved PSP and through collaborations with platforms like PayU, PayPal and global shipping and tax partners, BriskPe earns commissions and referral fees for enabling ecosystem services.

Customer Segmentation

  • B2B Focus: Targeting MSMEs, exporters, and marketplace sellers who require efficient, compliant and affordable cross-border payment solutions.

  • Freelancers and Service Providers: Also serves independent professionals and small businesses with global clients.

  • Enterprise Sellers: Through the Launchpad initiative, BriskPe is expanding its reach to larger sellers on platforms like Amazon, Shopify, Etsy and Walmart.

Growth Strategy

  • Market Expansion: Scaling transaction volumes and customer base in India, while integrating with additional global marketplaces and payment ecosystems.

  • Product Innovation: Continuously enhancing its unified platform with new payment methods, currencies, compliance tools and business support services.

  • Strategic Partnerships: Deepening alliances with payment gateways, logistics providers and tax consultants to offer a full-stack solution for global sellers.

  • Regulatory Leadership: Early compliance with RBI’s PA-CB framework and Amazon’s PSP requirements positions BriskPe as a trusted, future-ready partner for Indian exporters.

Key People

Sanjay Tripathy

Indunath Chaudhary

Nilesh Pathak

Key Metrics

Total Equity Funding

$5 Million

No. of Funding Rounds

1

Latest Funding Round

$5.0 Million, Seed

as of April 24, 2024

Post Money Valuation

$16.6 Million

as of April 24, 2024

Funding Multiple

3.32×

as of April 24, 2024

Investors

PayU

Employee Count

64

Similar Companies

Pine Labs

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
April 24, 2024Seed$5.0 Million$16.6 Million--PayU

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