McPital, Lending Business hit hardannounced the appointment of Tanya Chadha as its Chief Operating Officer (COO), said in a statement issued today.

With over 16 years of experience in financial services and credit, she will oversee the creation of a loan book of Rs. 100 crore by March 2022. His appointment comes at a time when Mswipe is gearing up for NBFC licence. to join Leadership team, she will focus on accelerating efforts Technology Innovation and Driving New the product strategy and development Of the company

“We’re creating interesting solutions here macpital Which will accelerate the journey of SMEs in getting formal credit. Tanya has immense experience in the field of financial services and lending and we are sure that she will play an important role in our journey to transform into a digital SME bank,” said CEO Ketan Patel.

“SMEs often face the challenge of access” finance And it acts as a hindrance in starting and growing the business. We want to enable them to grow their business and help them reach their full potential. I am excited to be part of the illustrious and dedicated team at MacPital and to further accelerate innovation, ensure compliance and drive the organizational vision,” said Chadha.

She was formerly Vice President – Lending Product and Business Process at McPital.

He has rich experience in both secured and unsecured lending in functions like credit, product management, tie-up and sales. At his previous company RatanIndia Finance, he pioneered consumer finance including personal loans, small business loans and two-wheeler loans. He has also worked with leading NBFCs including HDFC, Kotak Mahindra Prime and Capital First.

Headquartered in Mumbai, Mswipe commenced operations in 2011. Its major investors include B Capital, UC-RNT, Falcon Edge Capital, Matrix Capital Partners, DSG Partners and Epiq Capital.

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