Salt Pe
Provides businesses with a one-stop portal to manage multi-currency accounts, payments, collections, and expenses worldwide.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
* | N/A | N/A | - |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 177 % | 44 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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SALT is an Indian fintech startup that streamlines the process of international transactions for businesses. Founded in 2020 by Ankit Parashar and Udita Pal, SALT addresses two major challenges in international transactions: the time it takes for remittances to be received, and the complexities of legal compliance.
SALT's primary market includes small and medium-sized enterprises (SMEs), startups, freelancers, service providers, consultants, and agencies. These businesses often face difficulties in managing cross-border payments due to the time-consuming process and the need to navigate complex legal requirements. SALT offers a solution to these problems by providing a platform for effortless international payments and automated legal compliance.
The business model of SALT is centered around providing a one-stop solution for all international payment needs. By simplifying and speeding up the process of receiving foreign payments, SALT helps businesses save time and reduce costs. The company also assists businesses in fulfilling legal and financial processes for foreign fundraising.
SALT generates revenue by charging a fee for its services. The exact pricing model is not specified, but it is likely based on the volume or value of transactions processed through the platform. The company's value proposition lies in its ability to provide a faster, more efficient, and cost-effective solution for international transactions.
In summary, SALT is a fintech startup that simplifies and accelerates international transactions for businesses, while also ensuring legal compliance. It serves a diverse range of clients, including SMEs, startups, and freelancers, and operates in the cross-border payments market.
Keywords: Fintech, Startup, International Transactions, SMEs, Startups, Freelancers, Cross-Border Payments, Legal Compliance, Foreign Fundraising, Payment Processing.