Escrow Stack: API-First Banking Solutions Empowering Fin-techs and Banks

India’s fin-tech ecosystem now runs on APIs, but access to mature, battle-tested infrastructure remains uneven. While large banks and established fin-techs operate on deeply embedded systems refined over years of live transaction data, much of the market still lacks this foundational advantage.

For smaller banks and emerging fin-techs, building API infrastructure from the ground up remains a costly and uncertain exercise. It requires significant capital, long development cycles, and real-world transaction exposure that cannot be simulated in test environments. Moreover, scalability and security issues often surface only after systems go live, increasing operational and compliance risk.

This gap calls for proven, transaction-ready infrastructure. Escrow Stack provides API-first, scalable, and secure banking solutions for institutions that need speed without compromising reliability or compliance.

The Inception

Escrow is a two-year-old, bootstrapped firm growing through internal revenue without relying on external funding. Today, it provides infrastructure solutions to multiple banks across India and operates as an approved vendor for several institutions.

Notably, the firm has also expanded to the UAE market to offer similar infrastructure solutions.

Alongside infrastructure services, the firm has moved into productization with the launch of SQP, a UPI-based solution for corporate expenses developed in partnership with multiple banks. Overtime, the company has generated approximately USD 3 million in annual revenue.

We grow only when our clients grow. Hence, by removing upfront costs and owning operations, we deliver infrastructure that works at scale from day one

Nithin Prakash, Co- Founder & CEO

End-to-end API solutions

Escrow’s capabilities extend well beyond by representing only one use case within a broader infrastructure offering. The firm primarily delivers API banking and connected banking solutions, positioning itself as a comprehensive fin-tech infrastructure partner.

At the core of the platform is a proprietary core banking and ledgering system that supports banks, fin-techs, and financial institutions. This system enables multiple use cases including transaction banking, wallets, and escrow operations, while reflecting real world banking structures at scale.

On top of this core, the firm offers scalable APIs and built-in reconciliation. This eliminates manual reconciliation even at high transaction volumes, reduces operational effort, and improves accuracy. Together, these components support modern, scalable digital banking infrastructure.

Forging its Own Path

The firm emerged to address a clear gap where many newer banks and small finance banks lacked true escrow infrastructure. Instead of using purpose-built systems, the firm often rebranded current accounts as escrow accounts and tried to force-fit solutions.

Notably, the firm solved this by building the platform entirely from scratch, free from legacy constraints.

The team designed the system for scale from day one, guided by firsthand understanding of operational and compliance challenges. The platform brings together a robust API layer with approval workflows, monitoring, and operational metrics to deliver a complete and compliant solution.

What sets Escrow apart is how easily this infrastructure can be adopted. The firm offers APIs built for scale with no upfront cost, which significantly lowers entry barriers for banks and fin-techs.

Furthermore, it also takes ownership of end-to-end operations, including compliance and daily banking and transaction processes. In fact, partners do not need to build or maintain large in-house operational teams, which reduce complexity and cost.

Moreover, banks and fin-techs respond positively because the solution is simple, scalable, and ready to deploy. This flexible commercial model further differentiates Escrow by aligning incentives through revenue share or per-transaction pricing.

As a result, clients experience faster onboarding, minimal operational overhead, and a simplified evaluation process that focuses mainly on commercials and final compliance review.

Backbone of Excellence

Escrow’s team brings decades of combined experience across fin-tech, transaction banking, and large-scale system design. Additionally, the leadership provides deep technical expertise and a strong understanding of how to build systems that scale reliably.

Also, the team maintains strong in-house compliance capabilities. Members actively track and interpret RBI guidelines directly as they are released, ensuring accurate and timely regulatory alignment.

At the execution level, the firm employs seasoned bankers with hands-on industry experience. In total, the team balances fin-tech innovation with traditional banking discipline, supported by specialists with long standing backgrounds in operations and compliance.

Client-centric Approach

The firm builds client relationships through honesty and transparency by aligning itself closely with client outcomes. The team clearly defines its areas of expertise and openly acknowledges what falls outside its scope. This clarity builds trust and sets realistic expectations from the outset.

“We grow only when our clients grow. Hence, by removing upfront costs and owning operations, we deliver infrastructure that works at scale from day one,” states Nithin Prakash, Founder and CEO, Escrow Stack.

Partners avoid high upfront investments, while Escrow earns only when its clients generate revenue. This straightforward and aligned approach reduces risk, avoids future friction, and supports long-term, stable partnerships.

Map for the future

Escrow wishes to expand into product-led growth. It has also launched a customer-facing B2B product called QP and is developing Super 3 Current Accounts for businesses in India. These offerings aim to bring increased business volumes to partner banks by leveraging Escrow’s API banking infrastructure. These initiatives reflect a long-term vision to deepen bank partnerships, create new revenue streams, and expand beyond pure infrastructure into scalable, business-focused financial products.