LeRemitt, a Cross Border Platform, wishes to empower MSMEs in India with their platform for enhancing the global trade experience

• LeRemitt platform is an international payments platform meant for MSMEs.
• An MSME can bring payments in 4 major currencies through Virtual accounts provided through a digital, RBI complaint and AI-driven secure platform
• Targets to expand services across geographies connecting MSMEs across the globe

LeRemitt, a fintech global remittance platform, is participating in the Maha Kumbh Mela 2024 in Delhi, reinforcing its commitment to enhancing global trade experiences for Micro, Small, and Medium Enterprises (MSMEs). This initiative by the Indian government aligns perfectly with LeRemitt’s mission to redefine cross-border payments for MSMEs. LeRemitt has created a platform poised to revolutionize global trade for MSMEs through the harmonious integration of technology, data accessibility, and digitization.

Global trade is $32 trillion today of which India merchandize and service trade contributes more than $1 trillion. MSMEs contribute approx 48% of the $450 bn merchandise exports market. LeRemitt aims to bridge the disparity gap, unlocking the vast potential within the MSME sector and providing a transformative journey for businesses.

LeRemitt platform was launched in Jan’24 and is targeting millions of exporters of India. The platform’s competitive exchange rates, intuitive interface, and steadfast focus on security and customer satisfaction, all of which is benefiting MSMEs engaged in global trade. Strategic partnerships with esteemed financial institutions such as YES Bank in India and Currency Cloud in the US have facilitated seamless international money transfers, catering specifically to the needs of MSMEs.

Innovative features like Virtual Accounts in major exporting countries making the transfers local instead of expensive international transfers, zero forex margins on the conversion rates, live tracker of funds dedicated support and AI-driven security measures underscore LeRemitt’s commitment to delivering superior user experiences for MSMEs.

“I believe that MSMEs are the future of India and the world. Empowering them has always been a mission of ours and doing it through a cross-border platform, we feel will only uplift and bring ease in the current scenario and enhance global trade,” said Sheetal Jain, Co-founder & CEO of LeRemitt.

About LeRemitt: LeRemitt is a leading global remittance platform dedicated to making cross-border money transfers transparent, affordable, and secure for MSMEs. Looking to expand in over 100 countries with their a growing MSME user base, LeRemitt is committed to transforming the way MSMEs send and receive money around the world