SALT is an Indian fintech startup that solves two of the biggest problems while carrying out international transactions, i.e., time it takes for the remittance to reach you and the associated compliances and smoothens your banking experience. Founded in 2020 by Ankit Parashar and Udita Pal, SALT helps businesses with effortless international payments and the legal compliances at the least possible costs. In conclusion, SALT is your answer to everything related to cross border payments!

SALT was founded on 13th of January 2020 by Udita Pal and Ankit Parashar and has been at the service of SMEs, startups and freelancers ever since. SALT serves as a one-stop solution to all your international banking needs.

Salt is helping SMEs, startups, service providers, consultants, agencies and freelancers with effortless international payments and automated legal compliances at the best possible rates in the least possible time.

SALT was co-founded by Ankit Parashar and Udita Pal.

A marketer by profession, Udita first identified the struggles of foreign payments while working with international companies as a consultant. After getting the bank account frozen randomly after international transactions and paying exorbitant high fees for the same, she decide to get into the roots of the problem and solve it.

Graduated from IIT Kharagpur, Ankit has also been featured in Forbes 30 under 30 in January 2017. While on a trip to Singapore, Ankit’s card stopped working and his bank’s relationship manager and branch manager said the issue would take several days to resolve. This bitter experience made him realise that being a premium customer for banks did not guarantee better experience or better resolution of issues.

Both the founders have been on the other side of the table, and realised it’s not the best place to be when it comes to international business banking. These experiences led to formation of India’s first cross border fintech SALT.

SALT is building products for SMEs, startups, service providers, freelancers, agencies, and consultants to thrive in the international market by taking care of their international transactions and the legal compliances that comes with it.

SALT is a fintech startup based out of Bengaluru, Karnataka in India.