New Delhi, April 29 -- PayU, the payments unicorn backed by Prosus, has made a USD 5 million seed investment in BRISKPE, a Mumbai-based platform that simplifies cross-border transactions for Micro, Small and Medium Enterprises (MSMEs).
The funding will allow BRISKPE to enhance its product offerings, expand its team, and grow its reach as it aims to bridge the gap between domestic and international trade for Indian businesses.
PayU's investment aligns with our mission to facilitate global payments for small businesses, said Sanjay Tripathy, co-founder and CEO of BRISKPE. This partnership can be a pivotal step in enabling MSMEs to scale globally through simplified cross-border transactions, he added.
Founded in January 2023 by former ba...