Malhotra will work closely with CEO Suhail Sameer to enhance consumer-focused loan products at the firm.
In his previous tenure, he was the Executive Director at Russell Reynolds Associates. Having spent 4.5 years at Paytm, he has a deep understanding of FinTech. During his tenure at Paytm, he held various roles including Head of Customer Service, Head – payment Merchant Management and Head Seller Onboarding for Paytm Mall.
He began his career with McKinsey, where he worked on projects in all areas, including BFSI.
“BharatPe, being a merchant-centric business is also a reliable consumer As a brand our QR codes are all consumer-facing. Our next focus area is the consumer Credit. Nehul will take forward BharatPe’s BNPL offering, which will be launched in October, and will also strategize how to grow Payback from consumer loyalty today into a consumer loan product,” said Ashneer Grover, Co-Founder and Managing Director, BharatPe.
“Fintech is a rapidly evolving industry that is rewriting the rules of banking And financial services in the country. I believe there is a huge opportunity before us to build innovative credit products for consumers as digital payments and other financial services gain acceptance across the country,” Malhotra said.