Mswipe’s lending business known as Mcapital, has announced the appointment of Tanya Chadha as the Chief Operating Officer (COO). Her appointment comes at a time when Mswipe is gearing for the NBFC license. With over 16 years of experience in financial services and credit, Tanya will oversee building a loan book of INR 100 Crore by March 2022, and with her expertise, Mswipe will target the highly underserved SME segment with access to formal credit through Mcapital. 

Mswipe CEO Ketan Patel said, “We are building interesting solutions at Mcapital which will fasten the journey of SMEs in accessing formal credit. Tanya brings a wealth of experience in financial services and lending space and we are certain that she will play a pivotal role in our journey to transform into a digital SME bank.” 

Tanya has rich experience in both secured and unsecured lending across functions like credit, product management, alliances, and sales. She was formerly the Vice President – Lending Product & Business Processes at Mcapital and previously, she led Consumer Finance including personal loans, small business loans and two wheeler loans at RattanIndia Finance.

Commenting on her new role, Tanya Chaddha, COO said, “SMEs are often faced with the challenge of accessing finance and this acts as an obstacle to start and grow a business. We want to enable them to scale up their business and help them reach their full potential. I am excited to be a part of the fantastic and dedicated team at Mcapital and further accelerate innovation, ensuring compliance and drive organizational vision,” 

Joining the leadership team, Tanya will focus on accelerating efforts towards technology innovation and drive new product strategy and growth of the company. With an MBA in Marketing and Finance, she has worked with leading NBFCs including HDFC Ltd, Kotak Mahindra Prime, and Capital First. It is this experience that she will bring to her new post at Mcapital.