A New Chapter for B2B Payments in Southeast Asia
As regional trade intensifies, small and medium-sized enterprises (SMEs) face growing friction when transacting beyond borders. However, PlutoPay wants to change that.
Making Cross-Border B2B Payments Effortless
The startup provides a unified dashboard that lets businesses send and receive payments across Asia using real-time FX and instant settlement tools.
Built for SMEs in Indonesia, Vietnam, Malaysia, and the Philippines, PlutoPay simplifies every step of the cross-border B2B payment journey.
“Our mission is to make cross-border B2B payments as seamless as sending an email,” said Anjali Deshmukh, co-founder and CEO.
Why This Matters to SMEs
Although trade across Asia is booming, many SMEs still face slow settlements, high fees, and complex regulatory paperwork when dealing abroad.
That’s why PlutoPay’s offering matters—it removes barriers while offering transparency, automation, and cost-efficiency, all in one platform.
Smart Features That Drive Simplicity
The platform integrates real-time FX rates, invoice generation, compliance tracking, and same-day settlements using trusted regional payment rails.
Because of its strong API integrations with regional banks, PlutoPay allows near-instant payments that save both time and stress.
Backed by Big Names and Real Traction
To fuel its mission, PlutoPay has raised $8 million in seed funding from respected VCs like East Ventures and GGV Capital.
In addition, it has announced pilot programs with SME exporters and logistics companies in Singapore and Jakarta, validating real-world need.
Addressing a Trillion-Dollar Opportunity
According to analysts, PlutoPay enters a ripe market: Asia’s $1.2 trillion intra-regional trade corridor, where MSMEs often face the toughest hurdles.
While many larger firms use legacy systems, PlutoPay enables smaller businesses to compete on speed, visibility, and cost.
Built for Growth in the Digital Trade Era
Unlike traditional bank platforms, PlutoPay runs on borderless infrastructure that adapts to the digital-first needs of modern businesses.
With more businesses shifting online, the need for simplified cross-border B2B payments is only expected to grow in coming years.
What’s Next for PlutoPay?
The startup plans to expand its footprint by onboarding more exporters, freight partners, and digital platforms across the ASEAN region.
“We’re not just solving payments—we’re unlocking regional trade by helping SMEs focus on growth, not red tape,” Deshmukh added.
Conclusion
With strong backing, smart integrations, and a focused mission, PlutoPay may soon become a vital infrastructure layer for cross-border B2B trade.
As Asia continues to grow its internal commerce networks, tools like PlutoPay could redefine how small businesses operate beyond borders.
By tackling long-standing inefficiencies, PlutoPay brings modern speed and clarity to cross-border B2B transactions, driving value where it’s needed most.
So far, the early signs are promising—and for Southeast Asian SMEs, the timing couldn’t be better to go borderless.