Bangalore, April 14, 2021: Decentro, a banking API integration platform for businesses, onboarded Gautam Mahesh, Ex-Product Lead from InCred, as the Director of Product in April. Gautam has a strong product-focused background and has worked with Flexiloans, InCred, Klub, NBFCs and has earlier co-founded The Product Tree, a non-profit community for aspiring & veteran Product managers. Gautam will help in the development and design of the product roadmap ahead and help embed finance and lending solutions into B2B and B2C ventures.
Decentro also added Venkat Potluri to their growing advisory council to help in introducing large-scale and enterprise organizations that are keen to embed API Banking workflows. In line with the long-term thesis that “Every company will be a fintech,” Venkat will add value from his previous experiences at ZestMoney, Flipkart & Tesco, and as co-founder of Sellerworx (which was later acquired by Capillary).
Commenting on the latest workforce development, Rohit Taneja, Founder & CEO, Decentro, says, “We are happy to welcome two strong industry experts as part of our growing team. Our focus is to remove existing technological barriers and enable companies to launch banking & fintech products in weeks rather than months. And, the onboarding of Gautam and Venkat will further help us in solidifying our platform to be ready for both startups as well as enterprises.”
“With solutions to digitize finance business processes involving customers, vendors, employees & financial institutions, Decentro is in a great place to accelerate digital transformation goals for enterprises through lower capital expense and faster go to market. It is exciting to be an enabler in this journey,” says Venkat Potluri.
Based on the current growth rate, Decentro is expecting to increase its customer base by 6-7 times, and its monthly API volume is expected to grow 20X by the end of this year. The company is looking to double its workforce for positions in engineering, compliance, and bank partnerships in the current financial year.
Decentro recently announced the launch of India’s first fintech fellowship program for developers that spans over 2.5 months. The fellowship will provide the top three individual developers or teams an opportunity to build their ideas into reality and a monthly grant INR 50K per team from the company.
About Decentro: Decentro is a full-stack API banking platform where you can come, select your desired modules, integrate in the sandbox, and launch a product with just a few lines of code in a couple of weeks! Not only that, but the platform also takes care of all upcoming fixes, iterations, and updates without breaking any flow. Decentro raised its first round of funding in May 2020, followed by this larger one in October 2020, just a few weeks out of the latest fully digital batch of Y Combinator S20. The company recently received a raise of their follow-on capital that added to their seed round of funding.