India’s MufinPay appoints Jagjeet Singh as National Sales Head

By Gloria Mathias

MufinPay, the digital payments arm of Hindon Mercantile Limited and holder of the PPI (Prepaid Payment Instrument) license, has announced Jagjeet Singh’s appointment as its new National Sales Head.

Jagjeet will spearhead the company’s sales & distribution strategy across India, focusing on building a robust network and empowering MufinPay’s mission to enhance financial accessibility and inclusion across the country.

With over 22 years of leadership experience across top-tier organisations, Jagjeet brings a wealth of knowledge and proven expertise. His professional journey began at Wimco Limited, followed by key roles at Oxygen, Vodafone, and Idea, where he played a pivotal part in driving the brand’s growth. His tenure at Spice Money involved managing state operations, and at RNFI Services, he excelled in developing key account sales strategies and advancing digital financial inclusion in rural India.

MufinPay, founded in 2022 as a division of Hindon Mercantile Limited, is one of India’s innovators in the digital payments sector. It is the fourth NBFC in India to secure a PPI license, reflecting its commitment to redefining financial solutions through technology-driven, secure and user-friendly payment systems that empower individuals and businesses alike.

Kapil Garg, Group Promoter at Hindon Mercantile, stated, “Jagjeet’s extensive experience in leading large sales teams across prominent Indian companies will be instrumental in driving MufinPay’s growth in the evolving FinTech landscape. His strategic vision and leadership will undoubtedly propel us toward achieving new milestones in sales and distribution excellence.”

Jagjeet Singh shared, “I am excited to join MufinPay at such a transformative time in the digital payments industry. My focus will be on expanding our distribution strategy, driving innovation, and building high-performing teams across India. Together, we will pave the way for remarkable achievements, delivering seamless financial solutions and reshaping the digital payments ecosystem.”

With its strong emphasis on innovation, security, and ease of use, MufinPay is transforming how consumers and businesses manage their finances. Positioned at the forefront of India’s FinTech revolution, MufinPay aims to bridge the gap between technology and financial accessibility, offering seamless, secure, and innovative solutions that cater to millions across the nation.