2023
Mumbai (India)
Seed
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.
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.
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.
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.
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.
$5 Million
1
$5.0 Million, Seed
as of April 24, 2024
$16.6 Million
as of April 24, 2024
3.32×
as of April 24, 2024
PayU
64
Pine Labs
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 24, 2024 | Seed | $5.0 Million | $16.6 Million | - | - | PayU |