“With three decades of experience as a retail banking professional — having expertise in setting and scaling up of businesses — Jain is proficient in managing large retail assets, business banking, and branch banking franchise,” the company said in its press release.
RapiPay intends to be one step ahead in the growing fintech space and is set to take the lead by getting into newer businesses to fulfill the country’s ever-growing demand for banking, financial and payment services.
Nipun Jain’s appointment as CEO is a crucial step on that path and I wish him continued success in his new role and look forward to greater achievements” S.K. Narvar, promoter, RapiPay Fintech Pvt. Ltd, stated.
Prior to joining RapiPay, Nipun has previously worked with Yes Bank and ICICI Bank. Jain joined Yes Bank in 2013 as president of retail consumer loan and was elevated as group president, heading the SME business of Yes Bank. He has also held the position of product head at the ICICI Bank from 2006 – 2013.