Singaporean Neobank Inypay Appoints Neeraj Pandey as Chief Business Officer

Date:

Inypay, a soon-to-be-launched Singaporean neobank, announced that it has appointed Neeraj Pandey as its Chief Business Officer.

In his new role, Neeraj will lead and oversee Inypay’s overall business strategy and operations. He will also be responsible for developing and executing the company’s go-to-market strategy, including product positioning and pricing.

Neeraj brings over two decades of experience in banking and fintech across Southeast Asia, UK, and India to the role.

He had previously served as the Chief Commercial Officer at Singaporean fintech SOCASH where he was responsible for managing stakeholders and executing new products with strategic partners.

Prior to that, Neeraj led the retail banking, remittances, and product teams in India, UK, and Singapore for ICICI Bank. He also managed various digital transformation initiatives during this time.

Arivuvel Ramu

Arivuvel Ramu

Arivuvel Ramu, Founder and CEO of Inypay said,

“We are thrilled to welcome Neeraj to our team.

His wealth of experience in banking and fintech will be invaluable as we work to build a legendary financial institution for the underserved and unbanked in Southeast Asia.”

Neeraj Pandey

Neeraj Pandey

Neeraj Pandey added,

“I am incredibly excited to join Inypay as we bring the next gen digital bank for the underserved and unbanked in Southeast Asia.

There are significant opportunities for FI’s to bring forth innovative, efficient, and personalised savings, borrowing, and payment solutions for this community, as they continue to embrace digital solutions beyond their traditional touchpoints.”

Inypay is focused on building a product that serves blue-collar workers, foreign domestic workers, and micro, small and medium enterprises (MSMEs) in Southeast Asia.

The neobank is in the process of applying for a payment license from the Monetary Authority of Singapore (MAS) and raising its seed funding round ahead of its launch in mid-2023.

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