Abhishek Agarwalla from Aidetic shares his incredible Skydo journey, and we couldn't be more grateful. 🌟 Hear his story and discover how he significantly reduced forex costs with us, saving a remarkable Rs.10 lakh! It's stories like his that drive our commitment to helping businesses thrive in cross-border transactions If you want to save your money and avoid all the hassles banks put you through, try Skydo. Link in the comments. #internationalpayments #exports #testimonial #crossborderpayments #skydo
Skydo
Financial Services
Bengaluru, Karnataka 6,784 followers
Receive foreign payments effortlessly
About us
We are a fintech startup based out of Bangalore on a mission to make cross-border B2B payments hassle-free & reduce forex charges for businesses by more than 50%. By partnering with leading banks across the globe, we provide businesses with their own foreign virtual accounts for receiving payments - without any taxation or compliance burdens. We convert the money at live Fx rate with ZERO markup & charge a flat $29 fee for every transaction. Create your US virtual account right away, by signing up on skydo.com - it takes just 5 minutes!
- Website
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https://bit.ly/47pXB7t
External link for Skydo
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Bengaluru, Karnataka
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
Get directions
Bengaluru, Karnataka 560102, IN
Employees at Skydo
Updates
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At Skydo, we aspire to offer our Customers access to faster, better, more cost-effective methods of collecting global payments. This partnership with Banking Circle is an important step in this direction, offering us excellent coverage in markets like Australia, EU and the UK, some of the most important destinations for Indian exports. Thank you Wye Kit Teng (丁伟杰) Mishal Ruparel and team for your support and collaboration so far. Look forward to creating great value for our customers together. Prashanth Kumar led this effort for Skydo, ably supported by our finance, product, compliance and engineering team. Kudos to all!
Banking Circle is delighted to announce a new strategic partnership with Skydo, India’s leading cross-border payments platform for Micro, Small and Medium sized Enterprises (MSMEs) and freelancers. The collaboration aims to support Indian businesses operating globally by providing them with seamless, efficient and cost-effective payment solutions, enabling them to thrive in international markets. This enables Skydo’s customers to offer their buyers in the UK and EU a broader range of local payment options. It also allows Skydo to expand its cross-border collection capabilities into new markets like Australia, aligning with Skydo's commitment to saving Indian businesses $1 billion in FX fees over the next three years. Read more here: https://lnkd.in/eJ46VkVd
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Skydo reposted this
Cross-border payment startup Skydo has secured $5 Mn (around INR 41 Cr) in its Pre-Series A funding round led by existing backer Elevation Capital, along with a participation from a host of undisclosed angel investors👇 The Bengaluru-based startup plans to deploy the fresh capital in scaling its operations and strengthening risk monitoring and compliance stacks. Besides, the startup aims to expand globally by acquiring payment licenses across international markets with the fresh infusion. As per the company, this is the second equity investment, after it raised $5 Mn in its first institutional round from Elevation Capital back in 2022. Founded by Movin Jain and Srivatsan Sridhar in 2022, Skydo is a cross-border payment startup which enables businesses to open international accounts (collection accounts) with the help of its global banking partners. 🔗 To read more in detail, click here: https://lnkd.in/gavENfTx #news #startup #fundraising
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Spreading Independence Day cheer at office 🇮🇳🫡✨
Just a glimpse of how the Skydo team celebrated Independence Day yesterday. 🇮🇳 Happy Independence Day to all!
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Skydo reposted this
Meet the finalists of the 5th Edition PICUP Fintech Awards for the category – Best Global Fintech Pioneer 'India to the world', on July 23, 2024. For more details, please visit: https://picupfintech.in Gieom Modefin Skydo Vayana TradeXchange Indian Banks` Association Boston Consulting Group (BCG)
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Huge shoutout to Arun, Nikhil, sanjay, and Anoosh Kotak (represented by Sarthak Duggal) for winning the Spirit of Skydo Awards this July! 🏆✨ These amazing folks went above and beyond, truly embodying Skydo's core values. Looking forward to seeing next month’s stars already! 🌟
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Skydo reposted this
Running a business is hard enough without the added challenges of international payments! In our last conversation, Rahul from Onelab Ventures shared the difficulties of receiving international payments and how Skydo made a significant difference in streamlining their payment process :) We're proud to support businesses like Onelab in overcoming these challenges! You can watch the full conversation- link in the comments