·  Rs 45,000+ crore in annual payment volumes processed

·  ESOP buyback offers 3x–10x returns to early employees

·  Rs 30 crore Series B raised from InfoEdge Ventures

Decentro, the rapidly expanding API banking and financial data infrastructure company, has launched its first-ever Employee Stock Ownership Plan (ESOP) buyback, rewarding its early employees at a milestone growth stage. The action follows as the company crosses  Rs 45,000 crore in annual payment processing volume, marking a significant milestone for the five-year-old fintech upstart.

The program is available to early team members who joined between 2020 and permits them to sell up to 50% of their vested ESOPs, providing staggering 3x to 10x returns on the initial strike price.

From Bootstrapping to Buyback: Celebrating Early Belief

"This is not merely about the bottom line it's a strong vindication of the conviction our initial team demonstrated when we were simply another startup with aspirations," stated Rohit Taneja, Decentro's Co-founder and CEO.

Also Read- Decentro Acquires SaaS Fintech Neowise to bolster its position in the lending infrastructure

Recalling his own early-days startup experience with Mypoolin, Taneja further added, "Having bootstrapped through stages and cash crunches before a eventual exit, I fully comprehend the act of faith early employees put in. This buyback is our attempt at acknowledging that faith while generating real liquidity at strategic inflection points in our journey."

This news comes after Decentro's recent Series B funding of  Rs 30 crore led by InfoEdge Ventures, further solidifying its position in an exclusive list of Indian fintech startups providing liquidity to veteran employees.