Lendingkart scales up team with addition of two senior directors

BENGALURU: Fintech company Lendingkart Technologies has announced the appointment of Ratul Paul as senior director – credit data science and Leena Shetye as senior director – capital markets, said a company statement issued today.

Paul and Shetye bring immense knowledge from the industry in their respective areas and will further contribute to the company’s vision of bringing MSMEs into the financial mainstream and taking measures to elevate micro entrepreneurship in the country.

“We are pleased to welcome Ratul and Leena to help forge a better direction for our data science and capital market teams. Ratul’s dynamic experience, focused approach in credit risk management and Leena’s broad knowledge in capital markets make them well positioned to take Lendingkart closer to our combined goal of catering the previously unbanked segment, MSMEs and microentrepreneurs,” said Harshavardhan Lunia, co-founder and CEO.

Paul brings over 12 years of experience and joins from Equifax where he was responsible for building generic fraud score to predict fraud transactions and build solvent score to find good credit customers in sub-prime markets. Prior to Equifax, he has also worked as a senior analytics manager at CTOS in Malaysia where he built and consulted 20+ machine learning algorithms with proven consistency.

Shetye comes with 25+ years of experience in treasury, corporate loan, project funding, working capital management and corporate finance. She joins Lendingkart from ECL Finance (Edelweiss Group) where she worked as VP – resources and was responsible for fundraising, banking relationships and credit rating. Prior to that, she has also worked with Essel Infraproject as general manager – finance where she was undertaking project finance and banking relationships.

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Over the past few months, Lendingkart has bolstered its leadership team with senior appointments. Under the company’s strong leadership, Lendingkart Finance (the NBFC arm of Lendingkart Group) has evaluated nearly half a million applications, disbursing 85,000+ loans to more than 73,000+ MSMEs across all 29 states and union territories of the nation, making it the NBFC with the largest geographical footprint in the country.



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