Singapore, 5 December 2023 – Currencycloud, the experts in simplifying business in a multi-currency world, has partnered with BriskPe, the Mumbai-based cross-border payments Fintech, to expand BriskPe’s customers’ payment options.
The partnership will open up international business opportunities for its India-based micro, small and medium-sized enterprise (MSME) customers, providing them with a broad, efficient range of cross-border payment solutions with access to more than 35 currencies while benefiting from competitive FX rates.
Integrating Currencycloud’s APIs enables BriskPe to leverage local account-based collections in key markets, including the UK, EU, Canada, and the USA, simplifying the collection, conversion, and payment process. An expanded collection service with named virtual accounts will significantly help India’s MSMEs collect globally by facilitating easier, more diverse payment methods. With access to an automated, fast, error-free reconciliation process, and the ability to receive international earnings directly into their India-based bank accounts in a single business day, businesses will not only have rapid access to their funds, but they can focus on their growth ambitions.
Sanjay Tripathy, Co-founder and CEO BriskPe said, “Our collaboration with Currencycloud aligns perfectly with our mission to eliminate the complexities associated with international collections for MSMEs by simplifying international payments. What’s more, Currencycloud’s enhanced scalability allows us to deliver value to our clients without compromising on service quality.”
Rohit Narang, Managing Director of APAC, at Currencycloud commented, “We are delighted to work with BriskPe and help facilitate its expansion in the international cross-border payment landscape. We look forward to working with them as they continue to enable India’s often under-represented businesses to thrive on the global stage.”
About BriskPe
BriskPe is a pioneering cross-border payments platform, primarily designed to meet the unique requirements of Micro, Small, and Medium Enterprises (MSMEs). Established in 2023, its cutting-edge technology simplifies global payments, making them cost-efficient, faster, and hassle-free, while ensuring seamless access, robust tracking, and stringent compliance.
BriskPe is committed to providing MSMEs with a comprehensive solution that empowers these businesses to reduce costs, streamline global operations, and boost their global competitiveness. As BriskPe expands its reach to the UK and Europe, following its successful launch in India and Canada, the company’s unwavering commitment to efficiency, transparency, and security continues to drive its mission forward. Join BriskPe on this exciting journey to make international business aspirations a reality for MSMEs.
For more information, please visit www.briskpe.com
About Currencycloud
Banks, Fintechs and businesses everywhere can make bigger, better, bolder leaps with Currencycloud, a Visa solution.
Currencycloud gives businesses the capability to move money across borders, and transact globally in multiple currencies, fast. Experts at what they do, their technology makes it easy for clients to embrace digital wallets, and to embed finance into the core of their business – no matter what industry they’re in.
Since 2012, Currencycloud has processed more than $200bn to over 180 countries, working with banks, financial institutions and Fintechs around the world, including Starling Bank, Revolut and Lunar. Based in London with offices in New York, Amsterdam, Cardiff, and Singapore, Currencycloud works with partners including Integrated Finance, GPS and Mambu to deliver simple, clear cross-border infrastructure solutions for clients. They are regulated in the UK, Canada, US, the EU and Australia, and were acquired by Visa in December 2021.
