Easy Pay appoints Vaibhav S Joshi as its Co-Founder and CEO to spearhead next phase of growth

Easy Pay appoints Vaibhav S Joshi as its Co-Founder and CEO to spearhead next phase of growth

Joshi is a distinguished professional in the BFSI ecosystem with over two decades of industry experience and is an innovator at heart

FPJ Web DeskUpdated: Thursday, June 02, 2022, 07:09 PM IST
article-image
Vaibhav S Joshi, Co-Founder and CEO Easy Pay said, “In my new role, I aim to leverage Easy Pay by unlocking the potential of Connected Banking." | Easy Pay

Easy Pay, digital payments platform offering financial inclusion in urban and rural India has announced the appointment of Vaibhav S Joshi as their new Chief Executive Officer (CEO). In his new role, Joshi will build the MSME Neobank by leading the business expansion plans and key strategic initiatives for the growth of Easy Pay in addition to contributing towards developing the financial ecosystem of the country.

Joshi is a distinguished professional in the BFSI ecosystem with over two decades of industry experience and is an innovator at heart. He has launched multiple key programs including Aadhar, Smart City initiatives and one of the India's largest financial inclusion program ‘which have led Indian banking into a new digital era.

Speaking on the appointment, Nilay Patel, Founder Easy Pay said, “Vaibhav comes with an astute business mindset and has a knack for creating success stories in every endeavour. Vaibhav’s business acumen and deep market understanding will help us in creating the right strategic approach as we accelerate into the next phase of our growth trajectory.”

Vaibhav S Joshi, Co-Founder and CEO Easy Pay said, “In my new role, I aim to leverage Easy Pay by unlocking the potential of Connected Banking which will revolutionize the accessibility to banking for over 63+ million MSMEs in the country. My vision would be to not only drive stellar business growth but also make Easy Pay the largest and the fastest-growing MSME Neobank in the country. The fintech sector is at a very exciting juncture driving the digital transformation of the financial sector in the country.”

Easy pay has been in the market for over 8 years and now plans to become a ‘One Stop Shop Neobank’ for MSMEs providing services such as Payments, Bank Accounts, Deposits, Lending, Wealth, Insurance and Supply Chain. As part of the overall strategy, the company is ramping up its product offerings to support the growth of MSMEs by providing them ‘on demand’ banking with a slew of innovative lines of products, enabling them to scale up their business and thus increase their revenue, it said.

RECENT STORIES

SW Paints Announces An Open Offer To Acquire An Additional 25.24% In Akzo Nobel India

SW Paints Announces An Open Offer To Acquire An Additional 25.24% In Akzo Nobel India

Chhattisgarh State Electricity Regulatory Commission Effects Average Hike In Power Tariffs By 1.89%

Chhattisgarh State Electricity Regulatory Commission Effects Average Hike In Power Tariffs By 1.89%

X Slashes Premium Account Subscription Fee For Mobile App By 48%

X Slashes Premium Account Subscription Fee For Mobile App By 48%

DMart's Operator Avenue Supermarts Sees Consolidated Net Profit Fall Marginally In First Quarter Of...

DMart's Operator Avenue Supermarts Sees Consolidated Net Profit Fall Marginally In First Quarter Of...

Market Outlook: Weekly Market Review & Top Stocks that were in Focus for the week ended 11th...

Market Outlook: Weekly Market Review & Top Stocks that were in Focus for the week ended 11th...