Decentro, fintech infrastructure provider in India, has launched Flow 2.0, a next-generation payment stack designed to address comprehensive payment needs for businesses. This stack promises high performance, full compliance with RBI regulations, and enhanced security.
Decentro’s recent milestone as the youngest company to receive a Payment Aggregator license in February 2024 highlights the significance of this launch.
The company claims that the Flow 2.0 is engineered to improve operational efficiency, offering a ~30% reduction in running costs and a threefold decrease in time to market for businesses. This innovative stack ensures seamless integration and operation of day-to-day payment collections, maintaining the highest levels of compliance and security.
“As we complete four years of operations, our goal has been to streamline intricate financial processes for businesses. The introduction of Flow 2.0 underscores this commitment, with our customers’ transactions growing by 300% in the past 12 months,” Rohit Taneja, Co-founder and CEO of Decentro said.
The Indian payment market, estimated at USD 357.51 billion in 2024 and projected to grow to USD 814.42 billion by 2029, faces challenges in simplifying integration processes and regulatory compliance. Decentro’s Flow 2.0 stack aims to address these issues directly.
“By switching to our digital payments stack, merchants experience a ~30% reduction in operational costs and a 3X reduction in time to market,” Pratik Daudkhane, Co-founder of Decentro added.
Key Features and Industry Impact
- Fast and reliable transaction processing.
- Ensures operations adhere to regulatory frameworks.
- Top-tier measures to protect sensitive data.
- Solid infrastructure minimizes downtime, ensuring continuous business operations.
The stack currently powers payments for clients like Shiprocket, Kodo, and Volopay, offering minimal downtimes, disruptions and maximized business efficiency.
Decentro aims to empower sectors such as BFSI, logistics, online marketplaces, and fintech/SaaS platforms. In under four years, Decentro has built a full-stack fintech infrastructure platform, providing solutions to over 800 companies, including Freo (MoneyTap), CashE, Muthoot Capital, Credit Fair, and Protium Finance.
With 40+ deep APIs, SDKs, and automated workflows, Decentro caters to financial infrastructure needs of companies across payments, identity, and credit.