LinkedIn company post · Dec 2025
SALT announced its Canadian MSB entity registered as a PSP under Canada’s RPAA, signaling expansion of regulated payment rails.
Company research
Public company, workplace, funding, and market signals
Overview
Bengaluru-based cross-border payments and compliance fintech for Indian businesses. Official site says SALT was founded on 2020-01-13 by Ankit Parashar and Udita Pal; the main products are Inward Remittance and Table Salt. Public third-party data on founded year, headcount, and funding is somewhat inconsistent, so this profile uses the strongest public evidence and omits unsupported claims.
Primary product
Inward Remittance (cross-border payments) plus Table Salt for FDI/compliance automation
Founded
2020
Headquarters
Bengaluru, Karnataka, India
Team size
10-20
Work style
Flexible
Industry
Fintech
Sub-industry
Cross-border payments and compliance automation
Offices
316 2nd floor, The Mayfair, 100 Feet Road, Indira Nagar 1st Stage, HAL 2nd Stage, Bengaluru, Karnataka 560038, India
2093 Philadelphia Pike #1221, Claymont, DE 19703, USA
Business model
B2B SaaS
transaction-fee payments
compliance automation
fintech infrastructure
cross-border remittance
Funding
Stage
Seed
Total raised
$2.1M
Latest round
Seed · Feb 2025
People & investors
Work & culture
Transparency, courage, ownership, accountability, continuous learning, collaboration, simplicity, and work-life balance; the company also explicitly calls itself queer-friendly.
Work style
Flexible
Compensation
No public salary bands or compensation ranges were found in the sourced materials.
Benefits
Health insurance for employees and families
Generous leave plan
Flexible work-from-anywhere policy
Queer-friendly workplace
Product & market
Pricing
Flat 1.75% transaction fee for inward remittance (inclusive of government taxes on some pages), no subscription fee, no annual fee, no hidden fee, and no forex markup.
Differentiators
- —Fast receipt of foreign payments, often within 24 hours
- —Free FIRC within 24 hours
- —Automated RBI/MCA/FEMA compliance workflows
- —Local foreign-currency account details without overseas incorporation
- —Supports 13 currencies
- —No sender account creation/KYC required in some flows
- —Dedicated relationship managers
- —Transparent flat-fee pricing
Technology
Flutter
React
TypeScript
Python
JavaScript
Java
PostgreSQL
MongoDB
Redis
Nginx
PHP
Figma
Adobe XD
Redux
Customers
SMEs
startups
agencies
service providers
freelancers
consultants
online sellers
LLPs
private limited companies
partnerships
foreign investors
Competitors
PayPal
Payoneer
Wise
Skydo
InstaReM
Karbon
Scale & contact
Estimated revenue
Approximately $3M-$4M annual revenue (third-party estimates from 2023-2025).
Estimated monthly visits
16K
Traffic estimate as of Jul 2026
Latest news
Aayush Bhaskar · Nov 2025
Independent review covering SALT’s product set, fees, customer use cases, and compliance-focused cross-border payment model.
Business Standard · Jun 2024
Profile on SALT’s B2B cross-border payments focus, compliance automation, target users, pricing, and funding history.
IBS Intelligence · Feb 2024
Announces SALT’s partnership with Flagright to add AML/fraud-prevention tooling and strengthen compliance controls.
Flagright Medium · Feb 2024
Company announcement describing the Flagright partnership and SALT’s compliance-first cross-border infrastructure positioning.
Jobs and careers at SALT
0 jobs at SALT
No open positions
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