rohittaneja

Happy to have you explore and try out our APIs, however for real money movement, the regulations do require a company formation. As others mentioned on the thread, a one person company or llp is very easy to form and hardly takes a couple of days in today's environment in India.

I would suggest to form that since you would anyways want to do it at some point of time, plus you don't want any financial liability to affect your personal assets. Happy to help you walk though our product and answer any queries around the same or even company formation - https://calendly.com/raunak_dembla/introduction-to-decentro?...

As for Razorpay, yes, they are more like Stripe for India both in their product and roadmap. Razorpay X is a new neo-bank in the country.

Cheers!

Comment · 6 years ago

Thanks! Yes, we know the Authlayer (now Zefi) guys very well as fellow founder friends.

1. Sure. Here is one of our case studies with a new Neo-bank that got launched recently in India - https://medium.com/fintech-for-everyone/enabling-the-banking...

2. Yes, that is by design for this early stage as the pricing varies based on the API choice and volumes. Happy to walk you through over a call based on your product/use-case anytime - https://calendly.com/raunak_dembla/introduction-to-decentro?...

3. Absolutely. Our model is always in sync and up to date with regulations, since we work directly with the banks and their compliance teams.

4. Currently, it is all REST APIs but we will roll out web SDKs too at a later point in time.

5. I think one of the points worth mentioning is how in SEA, the money flow works differently than in the Indian scenario. For example, there is no concept of a nodal account in Singapore, unlike India. Of course, now India is also transitioning to an escrow from the nodal altogether.

6. We have shared some details here and will be adding more from time to time - https://decentro.tech/careers. Specifically, there are a couple of layers that we add for encryption, encasing and archival.

7. Interesting mention. We will check it out :)

Cheers.

Comment · 6 years ago

Thanks Jay! Looking forward to connecting.

Comment · 6 years ago

Thanks a lot!

Comment · 6 years ago

Great point! This is actually one of the key challenges that we are solving, via our direct account integrations.

The challenge with file based statements is the variation in formats as you rightly mentioned. Something that code based statements solve automatically.