back Back

BriskPe & Currencycloud team to offer payment options to Indian MSMEs

By Gloria Mathias

December 07, 2023

  • BriskPe
  • Cross Border Payments
  • Currencycloud

BriskPe, YES BANK, India, Mumbai Fintech, Cross Border Payments, India Fintech, Cross-border Payments, Remittances, Trade Payments, India, Currencycloud, India,Fintech news,  India News, fintech India, Merchant payments, MSME Payments, MSME solutions, MSME newsCurrencycloud has partnered with BriskPe, the Mumbai-based cross-border payments FinTech, to expand BriskPe’s customers’ payment options.

The partnership will open 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 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 have rapid access to their funds and 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 shared, “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”.

BriskPe is seamlessly blends regulatory expertise, technological innovation, and an unwavering commitment to empower Indian MSMEs. BriskPe’s mission is unequivocal to equip Indian MSMEs with the firepower needed to conquer the global market. The platform’s commitment goes beyond transactions; they transform each payment into a meticulously documented journey, easily traceable by customers.

Previous Article

December 07, 2023

Singapore-based InsurTech Igloo raises $36m in Pre-Series C round

Read More
Next Article

December 07, 2023

Circle and Nubank team to boost Digital Dollar Access in Brazil

Read More

IBSi Daily News Analysis

digital wallets

March 01, 2024


Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Hecto Financial eases cross-border transactions with new solution

Read More


Marqeta & AffiniPay team to launch SMB credit card solution

Read More


AsiaVerify & Visa to bolster digital payments and banking in APAC

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023