Arun Dobriyal serves as the engineering lead at Vartana, a consolidated B2B (business-to-business) financing platform. Drawing from his extensive knowledge, he has set out to modernize the antiquated practices within the B2B financing sector. His achievements can be attributed to his sense of dedication, persistence, diligence, and creativity.
Hailing from India and raised in a lower-middle-class environment, Dobriyal faced significant challenges in his youth. The financial struggles of his family profoundly shaped his character, instilling in him the values of perseverance and gratitude for the resources he had. From an early stage, he was passionate about computer science and exhibited a natural talent for technological advancements. Fueled by a desire to excel and deepen his understanding of the field, Dobriyal embarked on a path in the realm of financial technology (fintech).
Fintech can often be perceived as complex and overwhelming for many individuals. However, despite its intimidating nature, it plays a vital role in enhancing the economy by offering essential financial services. Dobriyal recognized the significant impact of this technology and felt motivated to inject his creative solutions into his future roles.
Throughout his career, he has applied his skills at leading technology companies such as Meta and Snapchat. At Meta, Dobriyal led the creation of a direct debit feature in-house. His guidance proved crucial during a crisis that jeopardized global advertisers’ access to the company’s advertising services.
As the engineering head at Vartana, Dobriyal has built a strong reputation for enhancing efficiency, transparency, and accessibility within the fintech space. His initiatives have empowered small and mid-sized enterprises (SMEs) by enabling quicker access to vital funding. Thanks to Dobriyal’s leadership, Vartana’s innovative sales-closing platform has received accolades and has been a catalyst for the successful Series B funding round of the company.
Dobriyal remains dedicated to transforming the future of B2B financing through groundbreaking projects.
Payment systems are fundamental to economic transactions. The advancement of these systems has revolutionized the financial landscape in the U.S. Platforms like PayPal, Square, and Stripe have equipped SMEs with cost-effective and user-friendly payment solutions. These systems are essential for small businesses, facilitating operational expansion, customer base growth, and contributing to job creation and economic development. Secure and reliable online payment solutions have been pivotal in the rise of e-commerce.
Digital marketplaces such as Amazon, eBay, and other platforms have introduced new business models and extended market reach. Developing these systems requires expertise that combines software engineering, cybersecurity, compliance with regulations, user experience design, and strategic planning.
Dobriyal emphasizes the necessity of recognizing the intricacies of real-world payment scenarios when constructing scalable payment systems. He points out essential elements for scalability, including a framework focused on precise monetary transaction handling, system idempotency to mitigate issues like duplicate charges or incorrect refunds, adherence to regulatory standards such as PCI-DSS (Payment Card Industry Data Security Standard), and security measures such as rate limiting, fraud prevention, and data encryption to safeguard against malicious threats and foster user confidence.
Additionally, Dobriyal highlights the importance of well-structured developer APIs that enable smooth integration and optimize data management processes.
“Selecting the appropriate technology stack is vital. Contemporary payment systems frequently utilize cloud computing, microservices architecture, and APIs to achieve scalability and agility. These technologies ensure that the system can manage increased loads and effortlessly integrate with various services,” he states.
The design of the payment interface should focus on user experience, ensuring that the process is simple and straightforward. This minimizes friction during checkout and offers various payment alternatives that accommodate different customer preferences. By integrating all these components, payment systems can be scalable, adaptable, and capable of evolving alongside the businesses they support.
Dobriyal envisions that the future landscape of scalable payment systems will incorporate several critical factors: the seamless integration of emerging technologies like blockchain, AI, and machine learning; an expanded range of payment options, including digital currencies and touchless payments; enhanced security and privacy protocols; an emphasis on interoperability and global transactions; and a strong focus on improving user accessibility. He foresees a significant evolution in fintech and payment methodologies driven by developments in AI and machine learning.
As Dobriyal looks ahead to the future of the fintech space, he remains focused on fostering positive advancements through innovation to build systems with drastically improved efficiency, accessibility, and inclusivity. He envisions technology as a transformative force that can elevate billions out of poverty.
“I am optimistic about a future where financial services are democratized and available in real-time, empowering underserved communities globally,” Dobriyal expresses.
