India's Fintech Ecosystem Achieves Regulatory Milestone with Skydo's RBI Nod for Cross-Border Payments
In a significant development for India's financial technology sector, Skydo, a Bengaluru-based fintech platform, has secured final authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator–Cross Border (PA-CB). This regulatory approval marks a pivotal moment, enabling the company to expand its regulated suite of cross-border payment services specifically tailored for Indian exporters, with a focused emphasis on small and medium enterprises (SMEs).
Month: Current Affairs - January 10, 2026
Category: RBI’s role & fintech growth