Mobikwik appoints Vinayak N to head its lending business

Digital financial services platform MobiKwik on Tuesday announced the appointment of Vinayak N as the Head of the Lending Business.

At MobiKwik, Vinayak will be responsible for kick-starting the lending business. His role will include designing relevant products to cater to the credit requirements of millions of Indians, forging relevant partnerships, launching the products in the market and ensuring a profitable and sustainable business.

MobiKwik is in the process of conceptualizing a portfolio of lending solutions, in partnership with leading banking institutions and NBFCs.

With over 15 years of experience with reputed Multinational and Indian Banking & Financial Services companies, Vinayak has joined Mobikwik from Fullerton India Credit Company Limited where he was Head of Alliances and was focusing on both digital and non-digital partnerships.

"We are extremely delighted to welcome Vinayak as a part of the MobiKwik family. Digital financial services in India will disrupt the market just like China. MobiKwik will be at the forefront of this disruption and bring the power of digital credit to the masses. I am confident that his business acumen and deep risk and control orientation, coupled with digital lending expertise will be extremely beneficial as MobiKwik creates its digital lending portfolio that can address the credit deficit problem in the country," said co-founder and director, MobiKwik, Upasana Taku.

"We hope to create a best-in-class Fintech lending ecosystem at MobiKwik. We have a great team in place and I am confident that we will be one of the leaders in the lending industry in the times to come," said Vinayak N on his appointment.