What Decentro does

Decentro is an API-first banking and payments infrastructure platform founded in 2020, headquartered in Singapore (with a planned reverse-flip to India announced in June 2025) and operating primarily from Gurugram, Bangalore, Mumbai, Delhi-NCR, and GIFT City. The company provides modular REST APIs and SDKs across Python, JavaScript, Go, Java, PHP, Ruby, and .NET, enabling businesses to integrate payment collections, payouts, KYC/identity verification, ledgers, escrow, and cross-border financial workflows. Its product portfolio is organized into three pillars: Flow (domestic payments including virtual accounts, UPI gateway, eNACH/UPI AutoPay recurring payments, split settlements, instant payouts, and escrow), Fabric (identity and compliance suite covering KYC, Hyperstreams identity verification, Bytes financial data, UIStreams, and Scanner real-time profiling), and a Global suite (multi-currency accounts, global payouts across 90+ currencies, global payment collection, multi-currency escrow, and ledgers) enabled by its IFSCA-authorized PSP entity at GIFT City.

The platform serves approximately 2,000+ business customers including fintechs (Groww, Paytm, Dhan, FamPay, Meesho), NBFCs and lenders (Tata Capital, Muthoot, MoneyTap, CreditWise, NewTap Finance, Dvara Money), insurers (ICICI Lombard, Bimaplan), marketplaces (IndiaMart, 99acres), and HR/payroll platforms, processing over $5 billion in annual payment volume and 240 million+ API transactions annually. Banking partners include YES Bank (eNACH/UPI AutoPay), Standard Chartered (escrow), and RBL Bank, with government integrations spanning UIDAI, NSDL, CERSAI, NPCI Bharat BillPay, and DigiLocker. The company monetizes through volume-based transaction fees on payments/payouts, subscription/platform fees for API access and KYC modules, and FX spread on cross-border multi-currency flows, with quote-based enterprise pricing on multi-year contracts.

Decentro holds RBI Payment Aggregator authorization (via Decfin Tech) and was the first Indian payment aggregator to receive a full IFSCA PSP licence at GIFT City in May 2026. Backed by Y Combinator (W22), Rapyd Ventures (Series A lead, $4.7M, October 2022), and InfoEdge Ventures (Series B lead, Rs 30 crore, June 2025), the company acquired Neowise Technologies in July 2023 to add AI-driven debt collection capabilities. With 101-250 employees and FY24 revenue of Rs 17.7 crore (~$2.1M) growing 47% YoY, Decentro is positioned as a vertically integrated B2B fintech infrastructure provider spanning domestic payments, cross-border rails, compliance, and AI-led collections.

Name

Decentro

Legal name

Decentro Tech Pvt. Ltd.

Website

https://decentro.tech

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

Decentro is an API-first banking infrastructure platform providing modular REST APIs for payments, KYC, cross-border collections, and AI-driven debt recovery, serving 2,000+ fintechs, NBFCs, and enterprises across 170+ countries.

Ownership category

akta.pro rank

Product category

Banking-as-a-Service API Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

akta.pro secondary industry

Developer Tooling & SDKs for Payments (Gateway Tooling) (FSAMACAL)

Keywords

• API banking infrastructure
• Payment processing APIs
• Cross-border payments
• KYC compliance platform
• Embedded finance SDKs

Headquarters

HQ city

Haryana

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. API Transaction Fees: Revenue generated from processing payment transactions, collections, and payouts through their API infrastructure. Volume-based pricing tied to transaction value and count.
2. Subscription/Platform Fees: recurring platform access fees for API services, KYC/compliance modules, and enterprise solutions. Likely tiered pricing based on usage volume and feature access.
3. Cross-border FX Services: Revenue from foreign exchange conversion and spread on multi-currency transactions for global payment flows

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Decentro provides API-based banking and payment infrastructure that enables businesses to integrate financial services including payment collections, payouts, KYC/identity verification, compliance workflows, ledger management, and cross-border money movement through developer-friendly REST APIs and SDKs. The platform organizes its offerings into Flow (payments infrastructure), Fabric (identity and compliance), and a Global Suite (cross-border multi-currency accounts, escrow, and payouts) built on RBI Payment Aggregator and IFSCA PSP licences.

Product overview

Decentro is a fintech infrastructure company offering a full-stack API banking platform that helps businesses launch fintech products 10X faster. Its portfolio is organized around three core pillars: Flow (domestic payments infrastructure covering virtual accounts, UPI gateway, recurring payments, split settlements, payouts, escrow, and ledgers), Fabric (identity and compliance solutions including KYC onboarding, identity verification, financial data APIs, and fraud detection), and a Global Suite (cross-border payment collection, global payouts, multi-currency accounts, and multi-currency escrow accounts enabled via its IFSCA-authorized PSP entity). The platform serves over 1,600–2,000+ enterprise customers across fintech, lending, insurance, e-commerce, and B2B sectors, processing over $5 billion in annual payment volumes across 90+ payout currencies and 12+ collection currencies. Key acquisitions include Neowise (debt collection SaaS), and key product launches include the AI voice agent Neobot, real-time profiling engine Scanner, and GIFT City PSP services. Decentro is backed by Y Combinator, Rapyd Ventures, InfoEdge Ventures, and others, and holds both RBI Payment Aggregator authorization and IFSCA PSP authorization.

Differentiator

Problem solved

Functional benefit

Brands

• Neobot: AI voice agent for debt collections, part of Neowise's AI-powered debt collection SaaS tools.
• Scanner

Products and services

• Flow Full-stack payments infrastructure suite covering the complete payment lifecycle for businesses in India, including virtual accounts, UPI payments, recurring payments, split settlements, payouts, and reconciliation via APIs.
• Fabric Identity and compliance suite providing KYC, onboarding, identity verification, financial data APIs, native KYC UI components, and real-time fraud detection for fintechs and lenders.
• Global Payment Collection API product enabling businesses to accept international payments via 9+ currencies and multiple payment methods, processing funds through local and global rails with settlement into a unified ledger.
• Global Payouts API product enabling automated, real-time fund disbursements to sellers, vendors, partners, and borrowers across 90+ payout currencies worldwide, supporting cross-border money movement.
• Multi-Currency Accounts Virtual accounts supporting 90+ currencies (USD, EUR, GBP, SGD, AUD, CAD, JPY, AED, HKD, etc.) enabling businesses to hold, transact, spend, and convert money globally without multiple foreign bank accounts.
• Ledgers Single, scalable system of record providing end-to-end ledger-based reconciliation across domestic and cross-border payment flows, unifying transactions and balances.
• Multi-Currency Escrow Accounts (InstaEscrow) Multi-currency escrow account service enabling secure cross-border transactions with Standard Chartered as banking partner, allowing businesses to hold funds and release them based on predefined conditions with full compliance.
• Neowise AI-driven debt collection SaaS platform acquired as a wholly-owned subsidiary in July 2023, helping lenders manage debt recovery, reduce NPAs, and automate collections workflows at scale using AI agents.
• Neobot - AI Voice Agent Multilingual AI voice agent for automated debt collections, handling outbound borrower outreach, payment reminders, and recovery conversations autonomously across languages.
• Scanner - Real-time Profiling Engine Real-time profiling engine that verifies customers, flags fraud, and ensures compliance within seconds by analyzing structured and unstructured customer data for risk assessment.
• GIFT City PSP Infrastructure IFSCA-authorised cross-border Payment Service Provider infrastructure at GIFT City enabling multi-currency accounts, international collections, payouts, and escrow services via entity Decfin Fintech Services IFSC Private Limited.

Quantifiable outcome

• 60% reduction in onboarding time (FamPay case study)
• +8 more outcomes

Named customers20 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability8 records

Feature10 records

Partnerships

Five partnerships are on record, tiered core and flagship.

• NPCI Bharat BillPay LtdcoreTechnology or Integration · 14 April 2026Integration with Banking Connect, NPCI Bharat BillPay's netbanking payment framework, enabling high-value netbanking workflows for businesses in India.
• DigiAllycoreChannel Partner/ Reseller/ Distributor · 1 April 2025Singapore-based partnership for South Asia expansion, enabling Decentro to offer localized payment services across the region.
• Neowise TechnologiesflagshipStrategic or Co-development Partner · 18 July 2023Acquired Neowise, a SaaS platform for debt recovery and collections. The acquisition added AI-driven debt collection SaaS tools including Neobot AI voice agent, integrating collections suite as wholly owned subsidiary.
• Standard CharteredcoreTechnology or IntegrationBanking partner for InstaEscrow multi-currency escrow accounts, enabling secure cross-border transactions with bank-grade security and compliance.
• Yes BankcoreTechnology or IntegrationFirst partner bank for eNACH and UPI AutoPay recurring payments, enabling subscription economy support for businesses.

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Razorpay: India's largest payment gateway and BaaS platform offering payment acceptance, payouts, lending, and banking APIs to fintechs and enterprises. Most direct competitor to Decentro across payments and BaaS in India.
• Cashfree Payments: Indian payment gateway and BaaS provider offering payment collection, payouts, verification, and banking APIs. Closely comparable to Decentro on product breadth (UPI, cards, payouts, KYC) and target customer segments.
• Setu: India-focused BaaS API platform owned by Pine Labs offering payments, identity verification, and banking APIs. Direct peer to Decentro's Fabric and Flow product suites with similar API-first developer positioning.
• Juspay: India-based payment orchestration and infrastructure platform serving merchants and fintechs with payment APIs and routing. Comparable to Decentro in payment infrastructure layer, though Juspay leans more into orchestration for large merchants.
• PhonePe Payment Gateway: PhonePe's merchant-facing payment gateway business offering UPI, card, and netbanking payment acceptance APIs. Comparable to Decentro's domestic payment collection and Flow product line with similar merchant and enterprise targets.

Broad incumbents

• Stripe: Global payments infrastructure giant offering payment APIs, Connect (marketplace payouts), Issuing, and financial data products. Broader incumbent competing with Decentro for cross-border and enterprise payments, especially as Stripe expands in India.
• Airwallex: Global cross-border payments and multi-currency account platform serving businesses with FX, payouts, and embedded finance. Comparable to Decentro's Global Suite (multi-currency accounts, global payouts, cross-border escrow) and direct competitor in the GIFT City / cross-border corridor.
• Plaid: Global financial data connectivity platform offering bank account verification, identity, and data APIs. Comparable to Decentro's Fabric identity/KYC suite and Bytes financial data products; broader incumbent in account linking and verification infrastructure.
• PayU India: Indian payment gateway and digital credit provider offering merchant payments, lending, and financial APIs. Comparable to Decentro's payment collection and lending vertical offerings; broader incumbent with both consumer and merchant fintech businesses.
• Wise (formerly TransferWise): Global cross-border money movement and multi-currency account platform serving consumers and businesses. Comparable to Decentro's Global Payouts and Multi-Currency Accounts products in the cross-border remittance and FX corridor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/DecentroTech
• LinkedInlinkedin.com/company/decentro
• Facebookfacebook.com/Decentro-104637704449006

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Decentro