Case Study: Gromo Achieves Instant Bank Account Verification with Decentro

How Gromo Enabled Instant Bank Account Verification

Gromo, a financial product aggregator platform focused on financial inclusion, needed a faster way to validate bank accounts during advisor and partner onboarding. Manual KYC and account checks in their corporate banking portal were time-consuming, and bank integrations were slow and costly, making it harder to scale.

Decentro provided its instant Account Validation API, using a penny drop/IMPS transaction to verify bank accounts immediately at signup. With Decentro, Gromo reduced go-to-market timelines by 80%, enabled partners to start selling from day 1, and added flexibility with customized validation amounts for signup incentives.

Gromo