Skydo Secures Final RBI Authorisation for Cross-Border Payments

Skydo, India’s leading cross-border payments platform for exporters, has received final RBI authorisation to operate as a Payment Aggregator–Cross Border (PA-CB). Among the first fintechs licensed under this framework. Founded by Srivatsan Sridhar and Movin Jain, Skydo serves 30,000+ MSMEs, freelancers, and startups across 50+ cities, enabling transparent, flat-fee, multi-currency collections and fast settlements aligned with India’s USD 2Tn export ambition.