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Uber strengthens India FinTech presence with Uber Money team 

UBER MONEY

Global shared-mobility service provider Uber plans to create a team in India even as it has big plans to tap the growing FinTech space. The San Fransisco-based company is creating Uber Money, a team of more than 100 technology professionals responsible for global financial products and technology innovations, in its Hyderabad Tech Center in India, making it the first such commitment in the Asia-Pacific region. Besides Hyderabad, the Uber Money team also has a presence at its San Francisco, Palo Alto, New York, and Amsterdam tech centers.

The Hyderabad-based team will play an essential role in enabling upcoming new global features and improvements, including real-time earnings; updated debit accounts, and debit cards for Uber drivers; along with Uber Wallet and refreshed Uber credit card for Uber riders, the company said o

With deep knowledge in front-end, full-stack, mobile, machine learning, and data engineering, the Uber Money team will focus on implementing new payment methods, enabling and building financial compliance tools, leveraging smart routing technologies for payment gateways, and applying Uber Artificial Intelligence models for intelligent risk decisions.

Naga Kasu, Engineering Director and Hyderabad Site Lead, Uber said, “The Uber Hyderabad Tech Centre has the best in class Fintech talent specializing in risk, payments, financial reporting, and analytics platform engineering. Besides engineering, we are investing in growing and scaling data science, analytics, and product management organizations to transform Hyderabad into a full spectrum tech site for Uber.”

Started in 2014, Uber’s Hyderabad Engineering Centre builds software products and platforms, focusing on providing a seamless experience to Uber’s global community. The center’s cutting-edge innovations and ability to generate high business impact have resulted in greater investments, increased hiring, and more responsibility for the site. In line with Uber’s CEO Dara Khosrowshahi’s pledge to remain committed to India during his October 2019 visit, Uber aims to double down on long-term growth at its Hyderabad and Bangalore tech centers.

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