Bengaluru-based cross-border payments platform Skydo has secured an international payment licence in Canada.
“Securing our first international licence marks Skydo’s evolution from an India-focused cross-border payments platform to a multi-country payments operator,” said Srivatsan Sridhar, Co-Founder and CEO of Skydo, in a statement.
With licences in India and Canada, along with its GIFT City approval, the company is well-positioned to support this corridor across trade, education, tourism and business services, Srivatsan said.
The company also plans to support Canadian businesses with global collections, local accounts and supplier payments across multiple countries.
Movin Jain, Co-Founder of Skydo, said Canada strengthens Skydo’s global footprint, enables local collections and payouts, and creates a strong foundation for future expansion across North America.
Published on June 23, 2026
