Cross-border payments platform Skydo gets international payment licence in Canada

Skydo, a cross‑border payments platform headquartered in Bengaluru, has obtained an international payment licence in Canada.

“Obtaining our first international licence signifies Skydo’s shift from a India‑centric cross‑border payments provider to a multi‑nation payments operator,” stated Srivatsan Sridhar, Co‑Founder and CEO of Skydo.

Holding licences in both India and Canada, together with GIFT City clearance, the firm is well placed to serve this corridor for trade, education, tourism and business services, he added.

Additionally, the company intends to assist Canadian businesses with global collections, local accounts and supplier payments in several countries.

Movin Jain, Co‑Founder of Skydo, noted that Canada bolsters Skydo’s global presence, facilitates local collections and payouts, and lays a solid groundwork for future growth across North America.

Published on June 23, 2026