rural fintech company Spice Money is strengthening its leadership team as part of its ambition to become the largest rural fintech company in the country. As a step in this direction, the company has
Raised up Sanjeev Kumar From his previous role of CEO to Co-Founder and CEO, where he will drive the company’s strategic business plan which is a growth mantra for both Spice Money and Travel Union.

Rajneesh Arora, formerly Chief Innovation and Strategy Officer, has now been appointed Co-Founder and Chief Product and Strategy Officer, He will work closely with the product and strategy teams to deliver unique experiences to Spice Money’s partners and end users. Sanjeev and Rajneesh will be supported by a team of next-in-line leaders with expertise in various verticals. This leadership team will drive the next round of growth for Spice Money by driving digital and technological innovation, empowering every nook and corner of rural India.

Spice Money has grown exponentially in the last one year, with its executives (merchant/nanopreneur) network becoming 8,00,000 strong and its micro-ATM network exceeding one lakh. The company has also seen a 127% YoY growth in its GTVs. Spice Money has also recently expanded its business into the rural travel sector with the launch of Travel Union, India’s first B2B rural travel-tech platform that addresses key challenges faced by rural travel agents and their customers. Is.

Dilip Modi, Founder, Spice Money, “Spice Money is all set to scale new heights of digital and technological transformation. We want to encourage an entrepreneurial culture through this co-founding approach and I am confident that our momentum will continue and really accelerate.

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