Technology

BharatPe fintech firm promotes Nalin Negi to CEO

New Delhi, April 16 (IANS) Fintech company BharatPe has appointed Nalin Negi as its Chief Executive Officer (CEO). Negi, who joined the company in 2022, has been instrumental in driving significant revenue growth and achieving EBITDA positive month in October. The company will now begin the search for a new CFO to support Negi in his new role.

Rajnish Kumar, Chairman of the Board, BharatPe, expressed confidence in Negi’s leadership, stating that his extensive experience in the fintech industry and track record of success make him the ideal candidate to lead the company into its next phase of development. Negi shared his strategic vision for BharatPe, focusing on sustained profitability, scaling lending businesses, and launching new merchant-centric products to enhance financial inclusion.

Prior to joining BharatPe, Negi held senior leadership positions at financial service companies such as SBI Cards and GE Capital. With an established network of over 1.3 crore merchants across more than 450 cities, BharatPe has solidified its position as one of the leading players in UPI offline transactions, processing over 370 million UPI transactions. The company is committed to delivering value to its merchants, partners, and stakeholders while fostering financial inclusion in the market.

IANS

IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

Related Articles