Skydo Gets GIFT City License to Expand Global Payment Services
New Delhi, Oct. 28 -- Bengaluru-based fintech Skydo is looking to expand its role in this process, moving beyond international payment collections toward a broader range of financial services.
The company announced on October 27 that it has received final authorization from the International Financial Services Centres Authority (IFSCA) to operate as a Payment Service Provider (PSP) at GIFT City's International Financial Services Centre (IFSC).
The approval follows the in-principle authorization granted in May 2026 and allows Skydo to develop payment products from GIFT City, including multi-currency accounts, merchant acquiring, international collections and settlement infrastructure.
The development marks an expansion of Skydo's existi...
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