RapiPay has appointed Nipun Jain as its Chief Executive Officer (CEO).
Jain has a rich experience of three decades as a Retail Banking professional with expertise in setting and scaling up of businesses. He is proficient in managing large retail assets, business banking, and branch banking franchise. Prior to joining RapiPay, he has previously worked with Yes Bank and ICICI Bank.
The leadership rejig at RapiPay is with an objective to gain foothold in Neobanking domain and thus expand the company’s business further. RapiPay is working on expanding its footprint in the rural areas and Tier II cites to foray into newer businesses such as digital lending, POS, Digital Cards, Investments, Insurance and other financial services
On his new role Nipun Jain said, “I am extremely excited to lead the team at RapiPay, joining an organization that is well-positioned to grow the financial inclusion to the last mile in the country by shaping the future of assisted payments and financial services through Neo banking”
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. Jain brings with him a rich repertoire of experience in growing and managing retail business, developing process, products, and retail franchisee with focus on profitability.
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