Skydo, founded by Srivatsan Sridhar and Movin Jain, has received final RBI PA-CB authorisation following a $10M Series A led by Susquehanna Asia Venture Capital with participation from Elevation Capital. The fintech supports over 30,000 Indian MSMEs, enabling regulated global payment rails for exporters while embedding compliance, risk controls, and scalability into its core infrastructure.This isn’t just licensing.It’s a trust and growth milestone.
Why This Matters
Cross-border payments in India are navigating:
- Increasing regulatory rigour and compliance expectations
- MSMEs seeking secure, efficient international payment solutions
- A need for scalable, governance-first fintech infrastructure
- Growing demand for integrated export-import financial ecosystems
Regulatory endorsement validates both credibility and operational excellence.
From Compliance to Growth
With RBI authorisation, Skydo is positioned to:
- Expand payment volumes across exports, imports, and domestic transactions
- Strengthen trust with SMBs, enterprises, and global bank partners
- Deliver contextual, compliant payment products under the PA-CB framework
- Build an end-to-end financial operating system for ambitious global businesses
This bridges regulatory compliance with product-led growth.
Strategic Takeaways
1. Compliance Unlocks Scale
Regulated operations attract more institutional and MSME clients.
2. Fintechs Are Becoming Full-Stack Operators
End-to-end, governed payment rails are now a competitive differentiator.
3. Trust Is a Core Product
RBI authorisation signals reliability and risk-aware systems.
4. MSMEs Are Driving Innovation Demand
Payment platforms must balance agility with regulatory adherence.
As India’s cross-border payments ecosystem evolves, Skydo’s authorisation signals a maturing, compliance-first model for fintechs scaling global MSME solutions. The company is now set to expand product offerings, deepen market penetration, and build trusted, regulated payment infrastructure across India and beyond.This isn’t just a license.It’s a platform for regulated global growth.
