SALT is a cross-border payments platform that offers inward remittance products and a banking, documentation management, and workflow automation platform for exporters and importers in manufacturing and services. The startup’s inward remittance product enables businesses to receive money from over 50 countries in six currencies. SALT launched a beta of its inward remittance product and reports over 100 SMEs and businesses using it. The company plans to use new funding to ramp up product development, expand engineering, and grow its team. SALT was founded by Ankit Parasher and Udita Pal. All product and go-to-market details are sourced from the reporting on the company’s pre-seed round.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2021