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Canada Payment Licence

Skydo gets payment licence in Canada

Skydo gets payment licence in Canada

23 Jun 2026, 01:01 PM

With the new licence, Skydo can facilitate both incoming and outgoing payments between India and Canada, including local fund collections and payouts.

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Fintech Highlights

  1. MobiKwik Q1 FY27 revenue up around 4% to Rs 281 crore

  2. Aham Housing Finance raises Rs 100 crore funding led by Sanmar Group

  3. IPO-bound OfBusiness FY26 revenue falls 7% to Rs 20,645 crore

  4. Peak XV sells Go Digit shares worth Rs 139 crore via block deal

  5. Kissht Q1 FY27 revenue jumps 45% to Rs 677 crore, net profit up 59%

  6. Read more news...

AI/Emerging Tech

  1. Sarvam AI raising $74 million in extended Series B funding led by Nvidia

  2. Drone startup SUIND bags seed funding led by Transition VC

  3. Revspot bags Series A funding co-led by Inflexor Ventures, Info Edge Ventures

  4. Aurionpro Q1 FY27 revenue up 6.3% to Rs 358 crore, net profit falls

  5. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  6. Read more news...

IPO Tales

  1. Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?

  2. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  3. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  4. Shiprocket IPO: A profitable core, costly emerging bets

  5. Read more news...

Money & Machines

  1. Money & Machines: Postpaid is back. The golden era isn't; What Sarvam's Chaplot bet signals

  2. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  3. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  4. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?

  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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