Salt was co-founded in 2020 by Ankit Parasher and Udita Pal. 

SALT is a fintech startup that is changing the game for SMEs engaged in cross-border trade. Their digital-only platform provides a seamless payment experience for service provides, exporters and importers, and freelancers enabling them to receive international payments easily and efficiently.

At Salt Fintech, the team understands SMEs' challenges when dealing with cross-border money transfers. Traditional banking services often have painfully high fees, complex documentation requirements, and annoyingly lengthy processing times. The Salt platform eliminates these obstacles with a comprehensive suite of services that streamline the entire process, from document management to workflow automation.

With SALT, SMEs can easily manage their cross-border money transfers and receive foreign payments from start to finish without leaving their platform. They offer a range of solutions catering to businesses' unique needs, including banking services, document management. Its technology has real-time payment monitoring to help companies keep tabs on their money and make educated choices.

The SALT staff is committed to lowering the barriers to receive international payments processing for small and medium-sized enterprises. The group believes businesses of all sizes should have access to the tools necessary to become global. Their system is designed to aid small and medium-sized enterprises (SMEs) pursue global expansion.

SALT: A Fintech Startup with a Visionary Founding Team

Back to the basics: SALT is an innovative fintech startup based in India that addresses three of the most significant challenges encountered during international transactions: the time it takes for remittances to arrive, the regulatory compliance issues accompanying them and the lack of transparency in the charges and fee. We specialise in facilitating seamless international payments for Indian businesses while helping them navigate complex legal requirements at a minimal cost.

SALT's cutting-edge technology and streamlined processes ensure that our clients can easily conduct cross-border transactions, regardless of location or industry. Our mission is to revolutionise the world of international payments by providing a reliable, efficient, and affordable solution that eliminates the hassle and cost associated with traditional cross-border payment methods. With SALT Fintech, Indian businesses can enjoy a hassle-free banking experience without worrying about regulatory compliance issues or the lengthy wait times typically associated with international transactions.

Udita Pal, Co-Founder of SALT

Udita Pal, Co-founder of Salt

Udita Pal graduated from a prominent university in India with a bachelor's degree in mass communication in 2017. She has worked with several leading startups, such as Opentalk, Tapchief, and Manch, where she worked on product growth, marketing, and brand development. She has also worked as a consultant to over 35 startups worldwide, helping them scale from zero to one.

With her strong experience in the startup world, Udita is now a driving force behind SALT's innovative platform, which leverages blockchain technology to provide more efficient and secure lending services. She has played a vital role in building the company's brand and expanding its reach within India and internationally to receive foreign payments.

Ankit Parasher, Co-Founder of SALT

Ankit Parasher, co-founder of Salt 

Ankit Parasher holds a bachelor's degree in electronics engineering from IIT Kharagpur and a bachelor's degree in law. Previously, he co-founded LetsTransport, a technology-driven logistics platform that has raised over $35 million in funding. Thanks to his innovative thinking and entrepreneurial spirit, Ankit has been recognized as one of Forbes Asia and India's 30 under 30.

At SALT, Ankit is focused on driving the company's technological development, using his expertise to build a secure, reliable, and efficient lending platform. With his deep understanding of logistics and transportation, Ankit is well-positioned to help SALT streamline its operations and reduce costs, ultimately delivering more value to its customers.

Udita and Ankit have, in SALT, delivered a fintech platform that is innovative, affordable, and accessible to businesses of all sizes. SALT's innovative lending approach is changing how businesses access credit and providing a much-needed solution to a long-standing problem in the traditional banking industry.

In conclusion, the founding team of Udita Pal and Ankit Parasher has brought a unique set of skills, experience, and vision to SALT. Their passion for innovation and entrepreneurship has led them to create a platform that has the potential to revolutionize the way businesses manage their international transactions. With their track record of success and dedication to their mission, it's clear that SALT has a bright future.

At last

In a world where cross-border business is becoming increasingly crucial to large economies, SALT is leading the way in providing innovative solutions that empower SMEs to succeed globally. The platform is designed to simplify the complex process of cross-border money transfers and the compliances that comes with it, making it easy for businesses to expand their operations and reach new markets. 

Read more in detail : All About Salt Fintech - Why was the startup built?

With SALT, SMEs can confidently conduct and receive international payments, knowing they have access to world-class banking, documentation management, and workflow automation solutions at the best possible rates.

At SALT, businesses need simple and accessible banking solutions. That's why we strive to make global payments effortless for you by offering local accounts and convenient financial management tools. Our website is your gateway to discovering more about our services and how we can empower your business. Please don't wait any longer; join us today and take your business to new heights!

Our mission at SALT is to simplify international banking and global payments for companies like yours so that you can keep track of your money more efficiently. To find out more about us, visit our website right now.