Inkle launches new platform for cross-border payments for startups

Chat-based CPA software-as-a-service (SaaS) startup Inkle on Wednesday launched a platform, Inkle Transfer Pricing Payments, to allow startups to make cross-border payments from the United States of America (USA) to India. The funds can be transferred within one day.

The company launched the platform’s beta version last month. Startups like GoBillion, Synth and 91SquareFeet have already transferred close to $1 million using the platform.

Stating the needs of such a platform, Anand Krishna, founder and chief executive officer (CEO) of Inkle, said, “We realised cross-border remittances between group companies for small startups is a critical but challenging function for thousands of startups in India. In most cases,