Infinity

TL;DR:

Whether you’re a SaaS startup managing payouts to Indian contractors or a growing business sending vendor payments to India or Operating in US Parent Indian subsidiary model, Infinity’s cross-border payments platform offers:

• Transparent, real-time FX rates.
• Significantly lower fees compared to traditional banks and other providers.
• Same-day settlements.
• Payment Tracking / Notifications
• Seamless compliance for businesses (e.g., invoicing, tax reporting).

The Problem

The US-India payment corridor is one of the busiest globally, yet businesses face slow processing times, high fees, and hidden charges. For startups and growing companies, these inefficiencies can be a real bottleneck. In general for every dollar a business moves from the US to India, business loses 3-5%.

One of the primary issues with FX transactions is the lack of transparency regarding the total cost of executing payments. These costs often include:

1. Wire transfer fees
2. Correspondent bank fees
3. Currency conversion fees
4. Intermediary fees, among others

While some providers may highlight lower fees in one category, they often compensate with higher charges in another, resulting in minimal or no real savings.

Also, global payments are slow with no visibility on the fund movement.

In the majority of instances, international bank transfers are facilitated via the SWIFT network. This network ensures the transmission of your payment to its intended recipient. Nevertheless, the path isn't always direct. Certain payments may be routed through intermediaries, often referred to as correspondent banks, akin to making multiple connecting flights before reaching your final destination.

Solution
Introducing Infinity!

Streamline global customers and suppliers’ payments with local accounts.

1) Multi-currency accounts - one platform: Easily receive funds in major currencies to facilitate transactions with overseas suppliers and customers.

2) Flat Fee - with zero FX markup: Be fully transparent about the charges you incur. Receive a comprehensive breakdown of fees before each transaction to avoid any surprises.

3) Fast, same-day international money transfer: Track your payment in real-time.

4) Instant remittance certificate: You move money. Infinity will take care of compliance.

Asks

Are you dealing with cross-border operations?

• Try out Infinity at https://www.infinityapp.in/ — your first payment is on us!
• Schedule a meeting — We’d love to learn more about your global business challenges and how we can help.
• Email us at founders@infinityapp.in

😎 Team

Sourav and Sidharth are siblings. This is their second startup together. Back in 2016, they co-founded health tech startup ClinMD.

Sourav was Head of the growth and product team at Paytm Money (India's largest wealth management platform). He also successfully launched India's first FD-backed credit card.

Sidharth is a finance & tech geek. He spearheaded the In-app purchase module for the Amazon Appstore, utilized by app developers to monetize digital content globally. He successfully scaled systems to manage 100 million daily requests during his time at Paytm and MakeMyTrip.