Archive · 10 Jan 2026
Skydo Gets RBI Approval for Cross-Border Payments
Skydo is a company that helps exporters with payments across borders.
The Indian government's bank, called the RBI, has given Skydo permission to do this job officially.
This means Skydo can now work more with small and big businesses, as well as banks and other payment companies.
The founders of Skydo are happy because this permission will help them do more business and help more people who need to send or receive money from other countries.
They plan to help with exports, imports, and even payments within India.
Skydo received final authorization from the RBI to operate as a Payment Aggregator–Cross Border (PA-CB).
The license aims to build stronger trust with SMB and enterprise customers, global bank and payments partners.
Skydo plans to scale payment volumes significantly and expand across products and corridors.
RBI's framework enables companies like Skydo to build contextual products for Indian exporters.
Skydo is excited to solve customer needs across exports, imports, and domestic transactions.
- Who
- Skydo, a cross-border payments platform for exporters
- What
- Received final authorization from RBI to operate as a Payment Aggregator–Cross Border (PA-CB)
- When
- January 9, 2026
- Where
- India
- Why
- To build stronger trust with customers and partners, and to scale payment volumes
- Company
- Skydo
- Authorization
- Payment Aggregator–Cross Border (PA-CB)
- Regulator
- Reserve Bank of India (RBI)
- Date
- January 9, 2026
- Founders
- Srivatsan Sridhar, Movin Jain
