Skydo Raises $10M Series A Led by Susquehanna Asia VC for Global Expansion

• Cross-border payments startup Skydo raised $10 million in a Series A round.
• The funding was led by Susquehanna Asia Venture Capital, with existing investor Elevation Capital participating.
• Skydo plans to use the capital to expand local collection capabilities in over 20 countries, obtain international licenses, and invest in the US market.
• The company serves over 30,000 MSMEs, freelancers, and startups, processing payments in 32 currencies with transparent pricing and faster settlement.
• Skydo has seen 4x revenue growth in the last year and aims for $5 billion in annualised payment volume within two years.

Why It Matters: Skydo's funding signals better, faster cross-border payments for Indian businesses.