Fundraising Fox

SALT

YC W22

Bengaluru, IN · Founded 2020 · 14 employees · 2 known investors

Salt is an Indian fintech platform that enables cross-border payments and international money transfers for SMEs, startups, freelancers, and service providers. The company handles compliance and payment processing across multiple currencies at reduced fees.

FintechSaaSB2BIndiaSouth AsiaPartly Remote

Founders & leadership· Y Combinator alumni (W22)

SALT was founded in 2020 by Ankit Parasher, Udita Pal, and Ankit Parashar.

APAnkit Parasher
Ankit Parasherin𝕏Co-FounderAnkit Parasher is a graduate of IIT Kharagpur with a degree in Electronics Engineering and a Bachelor of Laws. He previously co-founded LetsTransport, a logistics technology platform.
UPUdita Pal
Udita Palin𝕏Co-founderUdita Pal is a co-founder at SALT with over three years of experience in fintech, product development, and growth strategy. A Y Combinator W22 alum, she has worked on scaling early-stage companies and has experience raising venture funding.
APAnkit Parashar
Ankit ParasharCo-founder

Investors · 2

Competitors · 9

by search overlap
Wise1003 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Stripe623 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Tipalti556 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
GoCardless546 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Remitly523 shared keywordsRemitly is an international money transfer service that enables customers to send money across borders to multiple countries.
Revolut454 shared keywordsLondon-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
Airwallex442 shared keywordsAirwallex operates a global banking platform that provides cross-border payments, financial infrastructure, and AI-powered financial software for businesses. The platform serves companies across 200+ countries, enabling automated financial operations, expense management, and billing for global enterprises and AI-native businesses.
Chase430 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Amnistreasury350 shared keywordsAmnis provides a business account platform with FX, multi-currency payments, corporate cards, expense management, and cash management automation for companies. Features include peer-to-peer supplier payments, spend controls, FX rate alerts, and balance cashback.

Companies competing with SALT for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does SALT do?
Salt is an Indian fintech platform that enables cross-border payments and international money transfers for SMEs, startups, freelancers, and service providers. The company handles compliance and payment processing across multiple currencies at reduced fees.
Who founded SALT?
SALT was founded by Ankit Parasher, Udita Pal, Ankit Parashar in 2020.
Who are SALT's investors?
SALT's investors include Supermorpheus, Y Combinator.
Where is SALT headquartered?
SALT is headquartered in Bengaluru, IN.