UK-based Fintech Revolut has announced the appointment of Arjun Mehta as the chief financial officer (CFO) for India.
In his new role, Mehta will focus on growth, channel development, expense management, and revenue planning, the fintech said in a statement.
The company had announced the appointment of Paroma Chatterjee as the CEO of India in April, 2021.
Mehta has an expansive career of over 19 years with brands like Apple, American Express and Max Life Insurance. With strong experience in revenue planning and business growth, he has worked on business finance, strategy, P&L management, advisory, and various other facets of finance.
“I am excited about Revolut’s vision to address the current challenges and evolving customer needs in the financial services sector. India presents a huge long-term opportunity and an established fintech ecosystem. I look forward to being a part of this journey and introducing our products and services to the Indian consumers,” said Mehta.
“Revolut aims at helping Indian consumers manage their money better and in an efficient manner. With Arjun on my leadership team, I am confident we will be able to build a profitable business and grow at a fast pace in India,” added Paroma Chatterjee, CEO, Revolut India.
Revolut India, is an India incorporated and registered entity of the global financial superapp Revolut. The company is the first UK fintech to set up one of its largest bases in India.
Launched In 2015, Revolut started its services in the UK by offering money transfer and exchange. At present, it claims to have more than 20 million customers around the world that use dozens of Revolut’s innovative products to make more than 250 million transactions a month.