Payfuture, a global payments company specializing in emerging market infrastructure, announced a strategic partnership with Profee, an international payments platform serving consumers across Europe and beyond. The collaboration will allow Profee to leverage Payfuture's infrastructure to enable INR-denominated payouts into India, targeting fast and reliable fund delivery to both individual and business recipients via local payment rails.
India is one of the world's largest and most complex payout markets, characterized by high transaction volumes, strict regulatory requirements, and a fragmented mix of banks and local payment methods. By integrating Payfuture's infrastructure, Profee gains direct access to local banking and payment systems, facilitating faster settlement in INR, improved delivery rates, and reduced operational friction across this key corridor. The partnership is designed to scale across the wider Indian subcontinent, where demand for efficient, compliant cross-border payouts continues to grow.
Manpreet Haer, Co-Founder and CEO of Payfuture, stated: "As cross-border volumes into India grow, the ability to deliver funds locally and reliably becomes critical. By connecting directly to local banking and payment systems, we enable Profee to ensure funds reach both individuals and businesses quickly and consistently."
Sergey Romanov, Chief Commercial Officer at Profee, added: "India has been the world's largest international transfer recipient for years. At Profee, we launched transfers to India in 2023 and had the destination in focus since then: we strived to provide competitive FX rates to INRs, added UPI as a receiving option, and carried out high-impact marketing campaigns. We are always open to new partnerships to help us operate more efficiently, and with Payfuture's infrastructure we are sure that the funds reach recipients quickly and predictably."
The partnership reflects a broader shift in the fintech landscape, where providers prioritize payout performance, local execution, and regulatory compliance over broad but shallow global coverage. Infrastructure partners like Payfuture are central to enabling this shift, helping rapidly growing services expand into traditionally difficult-to-serve markets.
Payfuture, founded in 2019 and headquartered in London, helps businesses operate in emerging markets across Africa, Asia, and the Middle East. Profee, available via web and apps for Android and iOS, offers fast, secure money transfers to over 90 destinations and had over one million clients as of April 2026. More information is available at Payfuture and Profee.
