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Decentro

Provider
Card IssuingKYC

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 2 categories.

decentro.com ↗Also analysed as a company — its own stack →
CategoriesCard Issuing, KYC
Rank#153 of 227 in Card Issuing
Buyers2 companies
HeadquartersBengaluru, India

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Founders & story · from Decentro’s own dossier

Decentro began as a Y Combinator-backed Indian fintech-as-a-service / BaaS API platform offering banking, KYC, payments, and ledger primitives to fintechs and businesses in India via partner banks (Axis, ICICI, Kotak, Yes Bank). Since 2024-2026 it has expanded internationally — adding US- and Singapore-incorporated platforms as customers and launching a global multi-currency payments product covering USD/SWIFT/ACH/FEDWIRE payouts. The 2026 IFSCA PSP licence at GIFT City positions Decentro as a cross-border payments infrastructure provider, not just a domestic India BaaS aggregator.

Latest round: Series A, 2022 ($4.7M)
Recent developments
  • 2026-05Decentro secures final IFSCA Payment Service Provider licence at GIFT City — first Indian payment aggregator to receive this approval, enabling cross-border payments out of GIFT City. source ↗
Full dossier: Decentro’s own stack, layer by layer →
Who uses Decentro
2 companies disclose Decentro in their stack
Yes BankFamPay
Buyer mix · 2 of 2 classified
Bank / National · 1Fintech / Consumer banking · 1
APAC · 2
What the disclosures say
FamPay
“Decentro case study: 'How FamPay Strengthened their KYC Process with Decentro's All-in-one API' — Decentro provided KYC APIs to FamPay to prevent frauds in its teen-onboarding flow.”
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What Decentro runs on · from its own dossier
The third-party providers Decentro itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Decentro.
Sponsor Bank
Axis BankICICI BankKotak Mahindra BankYes Bank
Full dossier with evidence for each layer →
Alternatives to Decentro

Other Card Issuing providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Marqeta66 buyers →Stripe Issuing32 buyers →Enfuce25 buyers →Paymentology23 buyers →Sutton Bank21 buyers →Pliant20 buyers →Galileo19 buyers →i2c17 buyers →
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An embeddable badge for Decentro’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #153 of 227 in Card Issuing — Embedded Finance Index 2026
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Decentro — frequently asked

Which companies use Decentro?

2 companies are linked to Decentro in the Embedded Finance Index 2026, through their own public disclosures or Decentro's published customer list, including Yes Bank and FamPay.

What does Decentro do?

Decentro is an embedded-finance provider in Card Issuing and KYC. It ranks #153 of 227 Card Issuing providers by linked companies.

What are the alternatives to Decentro?

The most-named Card Issuing alternatives to Decentro are Marqeta (66 buyers), Stripe Issuing (32 buyers), Enfuce (25 buyers), Paymentology (23 buyers), Sutton Bank (21 buyers) and Pliant (20 buyers).

Where is Decentro headquartered?

Decentro is headquartered in Bengaluru, India.

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