Cross-border payments company Skydo receives an international payment licence in Canada, according to reports from Times of India and Business Line. The licence enables the firm to operate in the Canadian market for cross-border financial services. Business Line adds that Skydo plans to use the authorisation to help Canadian businesses manage payments and collections globally. The company’s planned services include supporting international collections, providing local accounts, and enabling supplier payments. Times of India’s report focuses on the licensing milestone, indicating that Skydo’s regulatory approval is a key step in its cross-border expansion. Together, the sources present the licence as both an endorsement of Skydo’s operations under Canadian rules and a basis for offering Canadian businesses payment-related tools that connect local activity with international counterparties.