It’s time we reimagine the support ecosystem around MSMEs
FinTech BizNews Service
Mumbai, June 27, 2025: 27th June is recognized as International MSME Day 2025. Mr. Sanjay Tripathy, CEO and Co-founder, BRISKPE, a cross border payments platform, provides important insight on the occasion:
"India’s MSMEs are the backbone of our economy; driving innovation, creating jobs, and contributing nearly 30% to our GDP and close to half of our exports. But ambition alone won’t take them global. What they truly need are frictionless systems, especially for cross-border payments. High forex markups and processing fees, often as high as 8%, eat into their margins and restrict cash flow. These are not just inefficiencies; they are roadblocks to global competitiveness.
It’s time we reimagine the support ecosystem around MSMEs—not just payments, but insights, tools, and trusted partners that enable them to scale with confidence. At BRISKPE, we’re committed to making this a reality. Because when MSMEs rise, India doesn’t just participate in global trade, it leads it.
