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Tag: MoneyTap

  • Standard Chartered’s Sunil Kaushal joins MoneyTap as global advisor

    Standard Chartered’s Sunil Kaushal joins MoneyTap as global advisor

    NEW DELHI: Digital moneylender MoneyTap has roped in Standard Chartered CEO – Middle East and Africa Sunil Kaushal as global advisor for the company. He brings experience in diverse markets across north Asia, southeast Asia, south Asia, the Middle East, and Africa and has held senior roles in wholesale, retail, and SME banking, to name a few.

    Kaushal is a member of the bank’s global management team, which is the highest executive body within the bank. He brings around 33 years of rich experience and will advise and guide the board of MoneyTap as they venture into new financial and related services and expand its global footprint. 

    MoneyTap CEO & co-founder Bala Parthasarathy said, “With Sunil’s rich experience in digital banking, we feel more poised for our next leg of growth, especially in the international waters. His robust guidance will help us thrive immensely during these uncertain times, and help steer us squarely into the change zone and fast growth. We look forward to this collaboration and hope to leverage his expertise launching MoneyTap into a digitised future.”

    Kaushal added, "“I am excited to join MoneyTap at this critical juncture when the company is innovating and expanding at a rapid pace. Since its inception, the company has continued to maintain a strong growth trajectory, and I hope that they are able to continue their appetite to redefine the fintech space as they work on new products.”

  • MoneyTap appoints Sujay Das as chief risk officer; aims to build robust credit risk policies

    MoneyTap appoints Sujay Das as chief risk officer; aims to build robust credit risk policies

    NEW DELHI: In a recent development, app-based consumer credit line company, MoneyTap, has appointed Mr Sujay Das as chief risk officer. A veteran in the lending and financial industry, Sujay brings more than 19 years of experience in risk management, analytics and credit policy working in different financial organisations across different geographies. He has built several high performing risk management teams across organisations.

    Sujay’s expertise will play a pivotal role in building innovative credit policies and strategies at MoneyTap in the post-COVID economy, bolstered by data science and statistical modelling. Previously, he served as the head of risk analytics at Bajaj Finserv.

    Other professional stints include 13 years at HSBC in several leadership positions across different functions. Sujay left HSBC as a VP, risk analytics. Prior to HSBC, he worked in GE Capital in the risk management and analytics vertical. Sujay completed his masters in economics from JNU (Jawaharlal Nehru University) in 2001.

    "We are thrilled to have Sujay on board at the focal point of our growth story. Sujay brings to the table an in-depth knowledge of risk management and analytics. We look forward to his astute guidance in maintaining the right checks and balances for our risk policies. As we scale, his inputs will be crucial in reinforcing our strong credit discipline," said Moneytap chief business officer and co-founder Kunal Varma. 

    "In my role at MoneyTap, my focus will be on balancing risk and returns for the company. I will be responsible for institutionalizing best-in-class credit practices and keeping a check on the non-performing assets, despite the high growth trajectory that the business aims for," said Sujay Das on his appointment.