PayU, the renowned payments and fintech entity under Prosus, has injected $5 million into BRISKPE, a burgeoning cross-border payments startup. The investment aims to propel BRISKPE’s trajectory towards redefining global transactions, particularly for micro, small, and medium enterprises (MSMEs).
Led by visionary Sanjay Tripathy, BRISKPE stands at the forefront of innovation, offering tailored solutions to meet the unique demands of MSMEs. With a burgeoning clientele exceeding 1,000 exporters, BRISKPE is on a mission to simplify global payments, making them more cost-effective, efficient, and compliant.
This injection of capital will fuel BRISKPE’s efforts in driving product development, talent acquisition, and business expansion, amplifying its impact on the global stage. PayU’s investment underscores its commitment to nurturing fintech startups and fostering innovation within the cross-border payments ecosystem.
As disruptive startups like Instarem, EximPe, Salt, Skydo, and Payglocal continue to democratize access to affordable cross-border payment solutions, PayU’s backing of BRISKPE signals a strategic alignment with pioneering ventures that seek to transform the global payments landscape.
