What it sells
Cross-border payments platform
Business model breakdown
Buyer: who owns the budget?
UnverifiedOwner/finance lead of an Indian exporter, freelancer or Amazon global seller receiving foreign-currency payments.
Trigger: what makes them buy now?
High FX margins and fees on receiving export payments: homepage calculator shows Indian banks losing 1.7% and PayPal 8.7% on a USD payment versus Skydo flat fees.
Workflow: what inputs become what output?
Open a Skydo global account (US, UK, Canada, Australia and 10+ countries) in about 5 minutes; client pays via account details or an InstaLink payment link; receive INR locally with instant FIRA (foreign inward remittance advice).
Economics: what it saves and how it charges
Earns a flat transaction fee instead of FX margin; claims users save up to 80% on fees.
Distribution: how it reaches customers
Self-serve sign-up in about 5 minutes.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2025-12-10 | Series A | $10M | Susquehanna Asia VC, Elevation Capital | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.