Insights

Cross-border FX Skydo offers near-zero markup FX with transparent fees for cross-border B2B payments, presenting a strong value proposition for SMBs and growing EC markets seeking cost reductions and predictable costs in international transactions.

US virtual accounts With global banking partnerships and foreign virtual accounts for receiving payments, Skydo enables businesses to streamline inbound international revenue, reduce settlement friction, and improve cash visibility for finance teams.

Series A momentum Recent $20M funding in total and expansion through a Series A backed by Susquehanna Asia Venture Capital and Elevation Capital signals validation and capacity for scale, creating opportunities to target mid-market exporters and logistics partners.

Strategic partnerships Alliances with Veem and Intoglo indicate a playbook of integrating with fintech and logistics ecosystems, suggesting sales plays around freight, trade finance, and B2B marketplaces that require seamless cross-border settlements.

Competitive positioning Positioned as a rival to PayPal, Wise, and Payoneer in the cross-border payments space, Skydo can pursue SMBs and SMEs looking for lower costs, faster settlements, and specialized FX management, particularly in export-heavy regions.

Similar companies to Skydo

Skydo Tech Stack

Skydo uses 8 technology products and services including Reddit Ads, Hotjar, Microsoft Clarity, and more. Explore Skydo's tech stack below.

Media & News

Skydo's Email Address Formats

Skydo uses at least 2 email formats:
Skydo Email FormatsExamplePercentage
First@skydo.comJohn@skydo.com
97%
Last@skydo.comDoe@skydo.com
3%

Frequently Asked Questions

How much revenue does Skydo generate?

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As of October 2026, Skydo's annual revenue is estimated to be $10M - $25M.

What is Skydo's NAICS code?

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Skydo's NAICS code is 52 - Finance and Insurance.

How many employees does Skydo have currently?

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As of October 2026, Skydo has approximately 214 employees across 3 continents, including Asia, North America and Europe. Key team members include Head Of Sales: A. M., Head Of Banking And Enterprise Business Development: P. K. and Head Of Growth: T. S. Explore Skydo's employee directory with LeadIQ.

What industry does Skydo belong to?

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Skydo operates in the Financial Services industry.

What technology does Skydo use?

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Skydo's tech stack includes Reddit Ads, Hotjar, Microsoft Clarity, Amazon Web Services, Google Workspace, Google Cloud, Sendinblue and PayPal.

What is Skydo's email format?

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Skydo's email format typically follows the pattern of First@skydo.com. Find more Skydo email formats with LeadIQ.

How much funding has Skydo raised to date?

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As of October 2026, Skydo has raised $20M in funding. The last funding round occurred on Dec 10, 2025.

When was Skydo founded?

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Skydo was founded in 2022.
Skydo logo

Skydo

Financial ServicesKarnataka, India201-500 Employees

Skydo is a Bengaluru-based fintech that focuses on cross-border B2B payments. It provides businesses with foreign virtual accounts to receive payments, enabled through partnerships with banks around the world. The service aims to lower forex costs, reportedly reducing charges by more than 50%, while converting funds at live FX rates with zero markup and a low, transparent transaction fee. In the financial services landscape, Skydo seeks to simplify international payments and reduce the taxation and compliance complexity often associated with cross-border transfers. A recent development in 2026 saw Skydo partner with Intoglo Private Limited to help Indian exporters reclaim US tariff payments following recent US legal changes.

Section iconCompany Overview

NAICS Code
52 - Finance and Insurance
Founded
2022
Employees
201-500

Section iconFunding & Financials

  • $20M

    Skydo has raised a total of $20M of funding over 4 rounds. Their latest funding round was raised on Dec 10, 2025 as a Series A.

  • $10M - $25M

    Skydo's revenue is estimated to be in the range of $10M - $25M

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