back Back

Cashfree Payments expands senior leadership team to fuel growth

By Leandra Monteiro

June 13, 2023

  • API Banking
  • Cashfree Payments
  • Growth

Cashfree Payments, Cashfree Payments, a payments and API banking solutions company has expanded its senior leadership team to drive the company’s next phase of growth.

Parveen Kumar has been appointed as Vice President – Operations, while Vijay Ravisekar has been appointed as Vice President – Product Management.

Commenting on the appointments, Akash Sinha, Co-Founder & CEO, Cashfree Payments said, “I am thrilled to welcome Parveen and Vijay on board. Their proven ability to expand businesses, build exceptional teams, drive product innovation, and forge strong alliances will undoubtedly propel our company’s growth and development with renewed enthusiasm. Cashfree Payments is currently in an incredibly exciting phase of its growth, positioning itself as a leader in the payments ecosystem. I am confident that Parveen and Vijay will play a vital role in our company’s tremendous growth.”

Praveen Kumar brings over 15 years of industry experience in enhancing customer experience, managing finances, and building operations across various sectors. He holds a B.Tech in Aerospace Engineering from the Indian Institute of Technology, Kharagpur, and a PGDM in strategy and operations from the Indian Institute of Management, Ahmedabad. In his new role, Parveen will oversee the operations and customer service vertical at Cashfree Payments. Parveen’s responsibilities include expanding capabilities, driving research and innovation, and ensuring excellent customer service.

Vijay has over 20 years of experience in Product Management, having successfully managed products for the driver ecosystem and Customer Care. He holds a Bachelor’s degree in Engineering from the University of Mumbai and an MS in Telecommunications Engineering from The University of Texas, Dallas. Vijay will assume the crucial role of formulating product strategies and offering valuable guidance to enhance products and solutions, specifically focusing on ‘Collections’. His responsibilities include fostering greater agility and driving improved business outcomes.

The changes in the leadership team are expected to help the company accelerate its innovation and growth. The company has recently announced the elevation of Arun Tikoo as Chief Business Officer (CBO) and Ramkumar Venkatesan as Chief Technology Officer (CTO).

Previous Article

June 13, 2023

NymCard acquires Spotii to offer BNPL for banks

Read More
Next Article

June 13, 2023

nocnoc secures $14m in Series A to enhance cross-border eCommerce in LatAm

Read More

IBSi Daily News Analysis


July 19, 2024

API Banking

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


4 B2B SaaS platforms transforming business operations in the UK

Read More


Google Play & Cash App Pay offer next-gen consumers with payment options

Read More


Revolut secures UK banking licence

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024