The Rs.3 Crore Problem Every Fintech Solves Twice

The Problem We Saw

India's banking system is one of the largest in the world. With over 12,000 banks and NBFCs, the sheer scale of the financial infrastructure is staggering. Yet, when a fintech platform wants to offer a simple product like a Fixed Deposit, it faces months of integration work with each individual bank.

We saw this problem firsthand. Every platform was reinventing the wheel, building the same integrations, handling the same compliance requirements, and managing the same operational complexity. The result? Only the largest platforms could afford to offer banking products.

The UPI Parallel

Think about what UPI did for payments. Before UPI, every payment integration was a one-to-one relationship between a merchant and a bank. UPI created a unified layer that made payments instant, interoperable, and accessible to everyone.

We asked ourselves: If payments got UPI, why don't banking products have the same infrastructure?

That question became the foundation of Blostem.

Building the Rails

Our approach was simple in concept but complex in execution:

• Single Integration: One SDK that connects to multiple banks
• Compliance Built-In: RBI and SEBI compliance handled at the infrastructure level
• White-Label Ready: Every touchpoint customizable to match the partner's brand
• Go-Live in Days: What used to take 6-12 months now takes under 7 days

The Journey So Far

Since founding Blostem in October 2021, we've connected 10+ banks and NBFCs, partnered with 30+ fintech platforms, and processed thousands of FD bookings. Our investors, including Rainmatter (Zerodha's investment arm), MobiKwik, and AC Ventures, share our belief that this infrastructure needs to exist.

What's Next

We're expanding beyond Fixed Deposits into Recurring Deposits, UPI Credit Lines, Personal Loans, and Bonds. Each product vertical follows the same philosophy: one integration, multiple providers, full compliance, instant go-live.

The future of banking distribution is platform-native. And Blostem is building the rails to make it happen.