New Delhi, Aug. 16 -- India's expanding cross-border trade ecosystem is creating a larger market for fintech platforms handling international collections, payouts and compliance. Against this backdrop, cross-border payments company Skydo says it has crossed $1 billion in annualized payment volume and is now serving more than 50,000 businesses.

The figure represents an annualized run rate rather than necessarily the value of payments processed during a completed 12-month period.

The milestone follows Skydo's $10 million Series A funding round in December 2025 and a series of regulatory approvals in India and overseas as the company expands beyond international collections into a broader cross-border payments platform.

Over the past year...