New Delhi: Fintech firm BharatPe on Tuesday introduced the elevation of Nalin Negi as its Chief Government Officer (CEO).
Beneath him as an interim CEO and CFO, BharatPe recorded 182 per cent improve in income from operations in FY23 and clocked October as the primary EBITDA optimistic month.
BharatPe stated it can now seek for a brand new CFO.
“Negi’s in depth expertise within the fintech trade and the expansion witnessed for BharatPe beneath his management, makes him a pure alternative to guide the corporate,” stated Rajnish Kumar, Chairman of the Board, BharatPe.
Negi joined BharatPe in 2022. Because the CEO, he’ll deal with main the corporate into its subsequent section of growth, driving innovation to empower retailers throughout the nation.
“Going ahead, our strategic focus can be on sustained profitability, scaling lending companies, and launching new merchant-centric merchandise,” stated Negi.
“We’re dedicated to constructing on the robust basis, fostering monetary inclusion and delivering worth to our retailers, companions, and stakeholders,” he added.
Previous to becoming a member of BharatPe, he held senior management positions at monetary service firms together with SBI Playing cards and GE Capital.
BharatPe has an entrenched community of over 1.3 crore retailers throughout greater than 450 cities, and is without doubt one of the main gamers in UPI offline transactions, processing over 370 million UPI transactions.
