The license will help us build stronger trust with SMB and enterprise customers, global bank and payments partners, says Co-Founder and CEO Srivatsan Sridhar
| Photo Credit:
iStockphoto
Skydo, a cross-border payments platform for exporters, on Friday said it has received final authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator–Cross Border (PA-CB).
Srivatsan Sridhar, Co-Founder and CEO of Bengaluru-based Skydo, in a statement, said, “The license will help us build stronger trust with SMB and enterprise customers, global bank and payments partners as we scale our payment volumes significantly, and expand across products and corridors.”
Movin Jain, Co-Founder, Skydo, observed that by bringing cross-border payments under the Payment Aggregator framework, RBI has enabled companies like Skydo to build deeply contextual products for Indian exporters. “Going forward, we are excited to solve customer needs across a range of use-cases, across exports, imports and domestic transactions, bringing our powerful payments suite to a wider range of MSMEs and freelancers.”
Published on January 9, 2026
