MoneyTap appoints Sunil Gulati

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Sunil Gulati, who will serve as a Credit and Risk Advisor at MoneyTap, has held key leadership positions across several organizations, from MD & CEO – GE Capital, Group President – Yes Bank, to Chief Risk Officer – RBL Bank, among others.

MoneyTap, India’s first app-based Credit Line for consumers, has brought on board Sunil Gulati who will serve as a Credit and Risk Advisor at the Fintech lending company. Sunil Gulati is an alumnus of IIM-A and IIT-D with more 30 years of experience in the banking industry and has worked in areas such as investment banking, corporate finance, relationship management, risk management, and corporate strategy. Sunil has held key leadership positions across several organizations, from MD & CEO – GE Capital, Group President – Yes Bank, to Chief Risk Officer – RBL Bank, among others.

Speaking on the hiring announcement, Bala Parthasarathy, Chairman & CEO — MoneyTap said, “We are delighted to have Mr. Sunil Gulati on board with us at MoneyTap and look forward to his astute guidance and expertise as we scale to the next level. His rich Banking and Risk experience will be invaluable to us as we continue to lead the industry in innovation and high growth rate while maintaining very strong Credit discipline.”

Sunil Gulati commented, “The Indian Fintech lending sector is making great strides, and MoneyTap’s unique product has established itself as one of the frontrunners within this category. I look forward to working with such a stellar team on enhancing its revolutionary product and core proposition to take it to the maximum possible number of consumers.”

Sunil Gulati is the Chairman of Merisis Advisors, a boutique investment bank and is an Independent Director on the Boards of Fincare Small Finance Bank; PNB MetLife India Insurance; Varthana Finance, an NBFC which finances affordable private schools; Kinara Capital, an NBFC financing MSMEs; Samunnati, an NBFC focused on agri value chains; Numberz, an accounts receivable focused enterprise platform; and Empays Payment Services, an RBI licensed player providing domestic and cross-border payment services.

Under Sunil Gulati’s mentorship and with his expertise, MoneyTap will further seek to enhance its credit and risk management capabilities. In addition, the company will leverage the collaboration to explore new avenues to efficiently tap the market demand and pave the way for rapid business expansion.

About MoneyTap

MoneyTap is India’s first app-based consumer credit line, which lets users tap into money on the go on their mobile phones.