Decentro, a fintech startup, raised $4.7 million in a Series A round led by Rapyd Ventures, with participation from Leonis VC, Uncorrelated Ventures, and angel investors Kunal Shah from CRED, Lalit Keshre from Groww, Beerud Sheth from Gupshup, and Pratekk Agarwaal from BharatPe.
Businesses can easily integrate their banking, payment, and fintech workflows with Decentro’s platform. The money will go toward increasing recruiting across the business, product, technology, and operations departments of the startup. Additionally, it plans to diversify its clientele across India to incorporate new kinds of financial institutions and larger enterprise platforms. More than five private banks and financial institutions, including Yes Bank, ICICI, and Axis, have collaborated with Decentro.