Building for India's Open Finance Future.
Account Aggregator, UPI 2.0, OCEN credit rails, ONDC payments, Digital Rupee, stablecoin readiness, and embedded insurance. SpacePe's roadmap tracks every major regulatory and market shift.
Open Finance Roadmap Timeline
Account Aggregator (AA)
RBI's consent-based financial data sharing framework - India's answer to Open Banking. Pull data from 100+ Financial Information Providers (banks, NBFCs, mutual funds, insurance, pension, tax) via a single consent flow. SpacePe acts as FIU (Financial Information User) registered with Sahamati.
NBFCs using AA reduce loan processing from 3-5 days to <2 minutes. Banks using AA for SME lending see 40% increase in approval rates by accessing richer data.
UPI 2.0 Integration
Full coverage of NPCI's UPI 2.0 capabilities. SpacePe supports all UPI payment modes via partner banks (Yes Bank, IDFC First, RBL) - including the latest features that most BaaS platforms haven't yet implemented.
UPI processed 13.9 billion transactions in Jan 2026. SpacePe routes UPI collections through 3 bank partners with auto-failover, ensuring 99.9%+ success rates.
OCEN (Open Credit Enablement Network)
India's framework for embedded lending. OCEN standardizes the credit lifecycle: loan application, underwriting, disbursement, repayment, and collection - all via API. SpacePe acts as a Loan Service Provider (LSP) connecting your platform to NBFC lenders.
Platforms embedding OCEN credit see 3-5x higher GMV. SpacePe's integration means your customers can get credit without leaving your app - loan disbursed in <2 minutes via BankMesh.
ONDC Payments
Payment infrastructure for India's Open Network for Digital Commerce. ONDC unbundles e-commerce - any buyer app can discover sellers on any seller app. SpacePe provides the payment and reconciliation layer for ONDC participants.
ONDC aims to democratize Indian e-commerce. SpacePe's multi-party settlement and escrow capabilities make it ideal for ONDC network participants who need reliable payment infrastructure.
Digital Rupee (CBDC) & Stablecoin Readiness
Preparing for RBI's Central Bank Digital Currency (e₹) as the pilot expands beyond the current 50,000 users. Also building stablecoin readiness for when India's regulatory framework matures - INR-pegged stablecoins for cross-border trade settlement and treasury management.
RBI's e₹ retail pilot is expanding. For businesses, CBDC means 24/7 settlement (no banking hours), zero transaction cost, and programmable money. Stablecoins could reduce cross-border remittance costs from 5-7% to <0.5%.
Embedded Insurance
Integrate insurance products directly into financial workflows - no separate insurance portal needed. SpacePe will partner with IRDAI-registered insurers to offer contextual insurance at the point of financial activity.
Embedded insurance at the point of transaction sees 3-5x higher conversion than standalone insurance portals. Trade credit insurance alone can reduce receivables risk by 80% for businesses with concentrated customer exposure.