Skydo, the cross-border payments startup, has secured $10 million (Rs 90 crore) in Series A funding...
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This is a standard Series A funding update for a Fintech-AI player in the Finance/Ops vertical, falling below the $500M threshold for cross.§D tagging.
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Skydo, the cross-border payments startup, has secured $10 million (Rs 90 crore) in Series A funding led by Susquehanna Investment Group, bringing total funding to $20 million. This capital will fuel their expansion into the US, establishing offices and securing necessary licenses. This move significantly boosts Skydo's mission to enhance payment solutions for Indian exporters, with ambitions to facilitate $5 billion in payments. The company's recent RBI and Amazon Payment Service Provider approvals underscore its strong market position and growth trajectory.
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