company BharatPe has brought on board Nehul Malhotra as head of consumer lending, said a statement issued today.
Malhotra will work closely with the CEO, Suhail Sameer, to scale up the consumer-focused lending products at the firm.
In his previous stint, he was executive director at Russell Reynolds Associates. He has an in-depth understanding of fintech, having spent 4.5 years at Paytm. During his stint at Paytm, he held multiple roles including head of customer service, head - payments merchant management and head - seller onboarding for Paytm Mall.
He started his career with McKinsey where he worked on projects across sectors, including BFSI.
“BharatPe, while being a merchant-centric business, is also a trusted consumer brand as our QR codes are all consumer-facing. Our next focus area is consumer credit. Nehul will drive BharatPe’s BNPL offering to be launched in October and also strategise on how to evolve Payback into a consumer lending product from a consumer loyalty one today,” said Ashneer Grover, co-founder and managing director, BharatPe.
“Fintech is a fast evolving industry that is rewriting the rules of banking and financial services in the country. I believe that there is a huge opportunity ahead of us to build innovative credit products for consumers as digital payments and other financial services gain acceptance across the country,” said Malhotra.
Malhotra will work closely with the CEO, Suhail Sameer, to scale up the consumer-focused lending products at the firm.
In his previous stint, he was executive director at Russell Reynolds Associates. He has an in-depth understanding of fintech, having spent 4.5 years at Paytm. During his stint at Paytm, he held multiple roles including head of customer service, head - payments merchant management and head - seller onboarding for Paytm Mall.
He started his career with McKinsey where he worked on projects across sectors, including BFSI.
“BharatPe, while being a merchant-centric business, is also a trusted consumer brand as our QR codes are all consumer-facing. Our next focus area is consumer credit. Nehul will drive BharatPe’s BNPL offering to be launched in October and also strategise on how to evolve Payback into a consumer lending product from a consumer loyalty one today,” said Ashneer Grover, co-founder and managing director, BharatPe.
“Fintech is a fast evolving industry that is rewriting the rules of banking and financial services in the country. I believe that there is a huge opportunity ahead of us to build innovative credit products for consumers as digital payments and other financial services gain acceptance across the country,” said Malhotra.
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