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      Question

      Which fintech firm recently received in-principle

      approval from RBI to operate as a Payment Aggregator-Cross Border (PA-CB) entity?
      A Razorpay Correct Answer Incorrect Answer
      B Skydo Correct Answer Incorrect Answer
      C PayU Correct Answer Incorrect Answer
      D Instamojo Correct Answer Incorrect Answer
      E Cashfree Correct Answer Incorrect Answer

      Solution

      Skydo Technologies, a Bengaluru-based fintech company, received in-principle approval from RBI to operate as a Payment Aggregator-Cross Border (PA-CB) entity. Skydo currently supports over 12,000 Indian exporters, processing $250 million annually, and plans to scale operations tenfold in the next 18-24 months.

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