{"id":704,"date":"2021-03-24T05:23:08","date_gmt":"2021-03-24T05:23:08","guid":{"rendered":"https:\/\/decentro.tech\/blog\/?p=704"},"modified":"2024-06-13T14:48:48","modified_gmt":"2024-06-13T14:48:48","slug":"launching-indias-first-ever-fintech-fellowship-program","status":"publish","type":"post","link":"https:\/\/decentro.tech\/blog\/launching-indias-first-ever-fintech-fellowship-program\/","title":{"rendered":"Launching India&#8217;s First-ever Fintech Fellowship Program"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/decentro.tech\/blog\/launching-indias-first-ever-fintech-fellowship-program\/#Whats_Fintech_Fellowship_Program\" title=\"What\u2019s Fintech Fellowship Program?\">What\u2019s Fintech Fellowship Program?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/decentro.tech\/blog\/launching-indias-first-ever-fintech-fellowship-program\/#Why_Fintech_Fellowship_Program\" title=\"Why Fintech Fellowship Program?\">Why Fintech Fellowship Program?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/decentro.tech\/blog\/launching-indias-first-ever-fintech-fellowship-program\/#How_is_the_Selection_Done_for_the_Fellowship\" title=\"How is the Selection Done for the Fellowship?\">How is the Selection Done for the Fellowship?<\/a><\/li><\/ul><\/nav><\/div>\n\n<figure class=\"wp-block-image size-large featured-post-img\"><img loading=\"lazy\" width=\"854\" height=\"854\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/The-Great-Indian-Fintech-Fellowship-Program-a\u0080\u0093-Decentro.jpg\" alt=\"\" class=\"wp-image-6260\"\/><\/figure>\n\n\n\n<p>Scared of the regulations? Frustrated with missing API documentation? Don&#8217;t know whether you need to work with a bank or not?<\/p>\n\n\n\n<p>Welcome to what most of the companies who wish to incorporate financial services into their platform face.&nbsp;<\/p>\n\n\n\n<p>Integrating with a legacy financial institution is no cakewalk. Any company that has to go through the integration cycle has to deal with broken APIs and half-baked documentations. The temple runs for approvals and compliances don&#8217;t make it any easier.<\/p>\n\n\n\n<p>But. Times are changing for the better.&nbsp;<\/p>\n\n\n\n<p>Most of the advancement that we see today in the fintech industry has come from two thoughts. One, a simple pain point or a blind spot that\u2019s been staring in the face yet escaped scrutiny. Two, a dynamic idea that resolves it effectively.<\/p>\n\n\n\n<p>Being one of the fastest-growing ecosystems, fintech requires all hands on deck to identify, brainstorm, innovate, and repeat.&nbsp;<\/p>\n\n\n\n<p>In that very pursuit, we\u2019ve been working on something exciting here at Decentro. With drumrolls, unfurling&#8230;<\/p>\n\n\n\n<p>India\u2019s first-ever <a href=\"https:\/\/decentro.tech\/fintech-fellowship\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fintech Fellowship<\/a> program for young &amp; aspiring developers!&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Whats_Fintech_Fellowship_Program\"><\/span>What\u2019s Fintech Fellowship Program?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>We\u2019re on the lookout for developers- young college graduates or final-year students who\u2019d like to set foot in the fintech industry and leave their print behind it- a sturdy one at that.&nbsp;<\/p>\n\n\n\n<p>The fellowship program spans from May 15th-July 31st, over 2.5 months, and provides young engineers the golden chance to dabble with cutting-edge fintech and banking APIs to solve real-world problems. Applications are open till May 1st. The three selected fellows can either work on their own or form a 3-member team&nbsp;<\/p>\n\n\n\n<p>We encourage all aspirants to approach this fellowship with their most ambitious ideas, for they could be pathbreaking.&nbsp;<\/p>\n\n\n\n<p>As a fellow, you can take an existing product that needs a lot of polish and add our magic to make it do more good or work on your own idea full-time.&nbsp;<\/p>\n\n\n\n<p>Our API documentation is open to all along with materials on Decentro\u2019s product suite comprising of <a href=\"https:\/\/decentro.tech\/products\/kyc-onboarding\/\" target=\"_blank\" rel=\"noreferrer noopener\">KYC<\/a>, debt recollection, and <a href=\"https:\/\/decentro.tech\/products\/accounts\/\" target=\"_blank\" rel=\"noreferrer noopener\">Accounts<\/a>. You can make use of these to ponder on the best ways to implement and execute your solutions.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Why_Fintech_Fellowship_Program\"><\/span>Why Fintech Fellowship Program?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India, alongside China, accounted for the highest fintech adoption rate of 87% in 2020, while the average adoption rate globally stood at 64%, according to reports by <a href=\"https:\/\/www.researchandmarkets.com\/reports\/5024695\/fintech-market-in-india-2020?utm_source=dynamic&amp;utm_medium=CI&amp;utm_code=r8p7xw&amp;utm_campaign=1394869+-+India%27s+Fintech+Market+2020-2025%3b+Expected+to+Grow+at+a+CAGR+of+22.7%25%2c+Despite+COVID-19+Disruptions&amp;utm_exec=joca220cid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Research &amp; Markets<\/a>.&nbsp;<\/p>\n\n\n\n<p>There\u2019s immense scope and yet a lot left to accomplish. While our country is making waves globally for many financial models, such as <a href=\"https:\/\/decentro.tech\/blog\/what-no-one-will-tell-you-about-upi-payment-links-payment-gateways\/\" target=\"_blank\" rel=\"noreferrer noopener\">UPI<\/a>, it still demands speed &amp; innovation. This fellowship program is Decentro\u2019s ambitious efforts to identify pain points and resolve them with young minds who wish to be a part of one of the world\u2019s fastest-growing industries.&nbsp;<\/p>\n\n\n\n<p>The fellows receive a monthly grant of \u20b950,000 per individual\/team. Besides, you get exclusive mentorship from the Decentro team, who has a combined experience of over two decades and speaks of some of the industry\u2019s established names.<\/p>\n\n\n\n<p>When you graduate from the program, you\u2019ll have built something remarkable to strengthen your developer profile. The rich industry experience you leave with will further help to fuel the rest of your career trajectories.<\/p>\n\n\n\n<p>Here is a word from our Founder &amp; CEO, <a href=\"https:\/\/in.linkedin.com\/in\/rohit-taneja-69b30b13\">Rohit Taneja<\/a>, on initiating this fellowship program before wrapping up.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-style-default\"><p>India is known for its technological skills, and with the focus on coding and associated language programs, there are many young and budding developers waiting for their chance to transform the sector with their unique ideas. With the readiness of the banking sector to offer API solutions, this fellowship will be a stepping-stone for the developers to catapult their ideas and make it a successful reality.<\/p><\/blockquote>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"How_is_the_Selection_Done_for_the_Fellowship\"><\/span>How is the Selection Done for the Fellowship?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The selection process is based on the application submitted and the profile of the applicant.&nbsp;<\/p>\n\n\n\n<ul><li>Go through Decentro\u2019s API documentation and familiarize yourself with the modules<\/li><li>Identify a pain point existing at large in the fintech space<\/li><li>Document the audience who is affected by this problem<\/li><li>Detail your thought process on solving this. Feel free to add visually supporting elements to pitch stronger.&nbsp;<\/li><li>Tell us why you wish to be a part of this fellowship program&nbsp;<\/li><\/ul>\n\n\n\n<p>Do you have what it takes to drive the next innovative solution in fintech? <a href=\"https:\/\/decentro.typeform.com\/to\/F6NGKDzn\" target=\"_blank\" rel=\"noreferrer noopener\">Apply for the program here. <\/a>Or, do you know an aspiring developer who could make it big with this program? Help us spread the word!&nbsp;<\/p>\n\n\n\n<p>Oh, while you are at it, keep a close eye on our social handles, <a href=\"https:\/\/www.linkedin.com\/company\/decentro\/\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a> &amp; <a href=\"https:\/\/twitter.com\/DecentroTech\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a> especially, to receive the latest updates about the program.&nbsp;<\/p>\n\n\n\n<p>Until we see you next time,&nbsp;<\/p>\n\n\n\n<p>Cheers!&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decentro has launched India&#8217;s first-ever Fintech Fellowship Program for fresg graduates and final-year college students. <\/p>\n","protected":false},"author":4,"featured_media":6001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Launching India&#039;s First-ever Fintech Fellowship Program - Decentro<\/title>\n<meta name=\"description\" content=\"Decentro is thrilled to announce the country\u2019s first-ever fintech fellowship program for young developers &amp; final-year graduates. 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