Skydo Global Receivables

Organization
Skydo Technologies Private Limited · India
Solution Type
Platform
Collaboration
Business Collaboration (Joint Venture)

1. Technology overview

Skydo is a platform for receiving international business payments at low cost, aimed at Indian exporters and operated by Skydo Technologies Private Limited with an address in Bengaluru. It states it serves 40,000+ exporters, processes 200,000+ payments a year and supports 150+ countries.

Exporters open global bank accounts in the US, UK, Canada, Australia and 10+ other countries in minutes, receive payments in foreign currency and get an instant FIRA. The platform adds payment links (InstaLinks), GST-compliant invoicing, reminders, a client ledger, an Export Declaration Form generator and Amazon Global Selling withdrawals.

2. Highlighted features & specifications

  • Global accounts: bank accounts in the US, UK, Canada, Australia and 10+ other countries within 5 minutes.
  • Instant FIRA: foreign inward remittance advice issued in the inbox or dashboard.
  • InstaLinks: payment links for one-click payment by overseas clients.
  • Invoicing: GST-compliant invoices, custom reminders and a client ledger.
  • EDF generator: Export Declaration Form tool.
  • Marketplace payouts: withdrawals from Amazon Global Selling and other platforms.

3. Potential application

Reference model for a Vietnamese fintech designing receivables accounts for exporters. A software outsourcing firm billing overseas clients could use a similar service to cut FX cost. A marketplace seller can consolidate payouts from several platforms.

4. Benefits

Exporters receive foreign-currency payments through local-style accounts with zero FX margin on global accounts as stated on the site. Fees are published: USD 19 per payment link up to USD 2,000. Instant FIRA documents and real-time tracking reduce paperwork and follow-up with banks.

6. Other information

Skydo Technologies Private Limited, Bengaluru address in the footer. Shows RBI PA-CB authorisation and ISO 27001 logos. Partner logos include HDFC Bank and Visa. Product currently serves Indian exporters only.

Skydo Technologies Private Limited
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