The Code Behind the Cashflow: Money, Reprogrammed, Vaibhav Tambe, Co-founder & CEO, TransBnk

By Vriti Gothi

TransBnk is rewiring transaction banking with programmable finance and real-time reconciliation, turning complex treasury workflows into seamless, automated rails. Its mission: to make world-class banking infrastructure as accessible to MSMEs as it is to global enterprises.

How is programmable finance reshaping the future of transaction banking?

When UPI redefined retail payments, it proved that infrastructure, when done right, can change a country’s financial posture. We’re bringing that same energy to transaction banking. Programmable finance lets businesses encode real-world conditions into money flows: release a vendor payment only after milestone verification, sweep idle balances at day-end, auto-collect via mandates, and reconcile as you transact. Instead of bending processes to legacy systems, the rails adapt to business logic.

For us, this is bigger than efficiency. It’s about revolutionising and democratising banking—moving control closer to the enterprise and making advanced capabilities accessible to MSMEs, lenders, platforms, and cooperatives, not just large corporates. We’re building rails for the entire B2B lifecycle, from onboarding, payouts, collections, and reconciliation, so that any business can operate on world-class infrastructure without needing a giant tech team.

How will the future of reconciliation evolve in a world of instant payments and decentralised finance?

In an instant world, “end-of-day” reconciliation is already outdated. The answer is autonomous, rule-driven reconciliation that runs continuously, flags exceptions instantly, and learns from resolution patterns.

At TransBnk, we’ve taken a recon-first approach from day zero. Microservices ingest events in real time, map them to your internal identifiers, and settle the ledger without waiting for manual closes. The result is that teams scale volumes without scaling headcount. Reconciliation stops being a monthly fire drill and becomes an invisible, dependable utility, exactly how infrastructure should feel.

What does “Escrow-as-a-Service” unlock that legacy systems could not?

Escrow is one of the most reliable ways to ensure funds are moved only when agreed conditions are met. Traditionally, however, setting up and operating escrows was slow, paperwork-heavy, and something only large corporates could access.

Escrow-as-a-Service changes that. With a digital, API-driven model, businesses can now create escrow accounts quickly, set rules for when funds should be released, and manage multi-party transactions with full transparency. Everything happens in real time, with built-in compliance and easy tracking.

This opens up new possibilities:

• FinTechs and lenders can support co-lending, payouts, and secure disbursements at scale.

• Real estate and corporates can safeguard milestone-based payments and reduce disputes.

• Startups and platforms can build trust with their users from day one.

What was once complex and exclusive is now fast, digital, and accessible to all types of businesses. As you expand globally, how do regional compliance frameworks influence product localisation?

Every country has its own rules for how money moves—whether it’s data storage in Europe, reporting timelines in Asia, or specific requirements in the Middle East. So when we expand, we don’t just copy-paste our platform. We adapt it to local rules from the start.

Our approach is simple: keep the core platform the same but add layers that meet local regulations—like KYC, reporting formats, or consent checks. This way, businesses get a consistent experience, and regulators know everything is being done the right way.

For us, compliance is not a hurdle; it’s actually a way to build trust faster.  When banks, regulators, and clients see that you’re serious about following the rules, doors open much quicker.

How can open finance infrastructure accelerate inclusion for MSMEs and real estate?

Two chronic barriers keep MSMEs and real-estate ecosystems underserved: limited access to formal data and limited trust. Open finance addresses both. Consent-based aggregation makes cash flows, invoices, and liabilities portable. When combined with programmable escrows and automated reconciliations, funds move only against verified triggers reducing disputes and making underwriting less about guesswork and more about observable behaviour.

In practice, that means faster disbursements, lower cost of funds, and fewer leakages. When a rural NBFC or microfinance player runs on modern rails, their efficiency is inclusion. That’s why we talk about democratising banking not as a slogan, but as a design choice. By abstracting complexity and standardising rails, we make sophisticated treasury and trust primitives usable by the smallest serious businesses.

With over 220 clients and 40+ bank integrations, how is TransBnk positioning itself as the backbone of modern treasury?

Our north star is simple: build the operating system for modern treasury. We don’t compete with banks; we enable them and the ecosystems around them. With 220+ clients and 40+ bank integrations, we sit at a powerful intersection: enterprises, lenders, platforms on one side; regulated institutions on the other. That lets us provide not just pipes, but orchestration—collections, payouts, escrows, recon, mandates, validations – delivered as programmable modules.

Why do enterprises pick us?

• Depth with banks. We do the hard yards—bank by bank, API by API—so clients get reliability, not promises.

• Breadth of rails. From UPI AutoPay to NACH, BBPS to account validation, we cover the practical surface area of B2B flows.

• Recon at the core. Every product ships with reconciliation baked in—dashboards and exception handling by default.

We’ve built this by staying product-led, compliance-first, and partner-centric. No shortcuts, no grey zones. Build the real thing, prove value quickly, scale responsibly. That is how you become the backbone: by being dependable while enabling others to do exciting things.

Closing note

We’re not chasing a quarter; we’re building for the next decade. The mission is clear: revolutionise and democratise transaction banking so that the last bank on the street can compete with the best bank in the world, and the smallest business can run on world-class rails