Skydo Raises $10M Series A

Skydo, an India-based fintech startup specializing in cross-border payment solutions for exporters, has raised $10 million in a Series A funding round. The company provides a financial operating system designed to simplify international money transfers for Indian MSMEs, freelancers, and startups by offering transparent pricing and automated compliance.

Investors

The funding round was led by Susquehanna Asia Venture Capital, with participation from Elevation Capital and Eximius Ventures.

Skydo Use of Funds

Skydo plans to use the new capital to scale its cross-border platform, facilitate geographic expansion into over 20 new countries across Latin America, Africa, Southeast Asia, and the Middle East, and pursue international regulatory licenses. The funds will also support the scaling of its card payment infrastructure, the development of a developer-friendly API platform for partners, and the enhancement of its compliance and automation suites.

About Skydo

Founded to serve as a financial operating system for global commerce, Skydo focuses on enabling Indian businesses to manage international receivables end-to-end. The company provides virtual bank accounts, eliminates hidden forex mark-ups, and automates essential documentation like FIRA to streamline cross-border transactions.

Funding Details

Company Website: https://skydo.com

Company: Skydo
Raised: $10M
Round: Series A
Funding Date: December 2025
Lead Investor: Susquehanna Asia Venture Capital
Additional Investors: Elevation Capital, Eximius Ventures
Company Website: https://www.skydo.com
Software Category: Fintech
Source: https://www.skydo.com/blog/skydo-series-a-funding-announcement