Salt, a global borderless banking solution for cross-border trade, will allow businesses to set up foreign-currency accounts, receive and remit multiple currencies at low cost, faster, automate the contract and invoicing process, facilitate multiple forms of transactions with end-to-end integration with required services facilitating the cross-border trade and services.

International commerce is a complex process with banking and payments at the core of it. We are solving the banking and payment issues in cross-border transactions including high turnaround times for transaction processing, high costs, low support, and complete manual paperwork and documentation. The customers benefit from the low cost of transactions and the complete digital process leading to a seamless experience and faster transaction processing. We have a transactional SaaS business model where we plan to charge for each transaction as the payment or collection fees, forex conversion, and commission for financial ...
Salt, a global borderless banking solution for cross-border trade, will allow businesses to set up foreign-currency accounts, receive and remit multiple currencies at low cost, faster, automate the contract and invoicing process, facilitate multiple forms of transactions with end-to-end integration with required services facilitating the cross-border trade and services.

International commerce is a complex process with banking and payments at the core of it. We are solving the banking and payment issues in cross-border transactions including high turnaround times for transaction processing, high costs, low support, and complete manual paperwork and documentation. The customers benefit from the low cost of transactions and the complete digital process leading to a seamless experience and faster transaction processing. We have a transactional SaaS business model where we plan to charge for each transaction as the payment or collection fees, forex conversion, and commission for financial services like credit facilitation.

To make this happen, we have partnered and integrated with multiple banks and financial services companies to power the inward remittances, accounting, compliances, and taxation, etc. products we are building for businesses. With more partners and other use cases being enabled by us on the platform, we wish to become one-stop solution for these businesses to manage their banking and financial needs.

We make revenues by charging for each transaction and earning commission on the facilitation of any financial services via our partners.
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Employees

Ankit Parasher
Admin
Ankit Parasher Co-Founder Co-founder Salt, LetsTransport, Forbes Under30, Fellow SLP, Btech E&ECE from IIT Kharagpur (2012), Bachelor of Law (2017)