Thanks Phillip! Yes, there are few similarities with some features of Stripe, although we don't do card processing (payment gateway). Our transactional APIs essentially enable seamless movement from bank to bank.
Our current banking partners are - YES Bank, ICICI, Citi, and more in pipeline.
Yes, this is for a deeper level of banking integration like issuing new financial instruments, fetching bank statements from a linked account directly, beyond what payment processors provide.