Cross-border payments platform BriskPe raises $5-M from PayU

Prosus-backed payments unicorn PayU has invested USD 5 million as seed funding in Mumbai-based cross-border payments platform BriskPe .Founded by former bankers Sanjay Tripathy, Nilesh Pathak, and Indunath Chaudhury in January 2023, BriskPe simplifies cross-border transactions for MSMEs (micro, small and medium enterprises) by allowing them to sign up, link their Indian bank accounts, and raise invoices.